Contributions of Neoclassical Economics to Public Utility Analysis
Sanford Berg and
John Tschirhart ()
Land Economics, 1995, vol. 71, issue 3, 310-330
Abstract:
Neoclassical economics, the dominant economics paradigm, has influenced and been influenced by developments in regulated industries. We identify major theoretical and empirical accomplishments, discuss the impact of these accomplishments on policy development, and list the channels through which the impacts are made possible. We then discuss regulatory politics, lack of research perspective, an overly narrow focus on economic efficiency, and the academic profession as factors limiting the impact of neoclassical economics on public policy.
Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.jstor.org/stable/pdfplus/3146349
A subscription is required to access pdf files. Pay per article is available.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:71:y:1995:i:3:p:310-330
Access Statistics for this article
More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().