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A Test of Two Views of the Regulatory Mechanism: Averch-Johnson and Joskow


A test of the Averch-Johnson and the Joskov models of the electric utility regulatory process.


Suggested citation: Israilevich, Philip, and Kim Kowalewski, 1987. “A Test of Two Views of the Regulatory Mechanism: Averch-Johnson and Joskow,” Federal Reserve Bank of Cleveland, Working Paper no. 87-13.

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