Hayekian complexity and the role of regulation in electricity markets

被引：1
|
作者：
Oguz, Fuat [1 ]
机构：
[1] Ankara Yildirim Beyazit Univ, Ankara, Turkey
来源：
ECONOMIC AFFAIRS | 2020年 / 40卷 / 03期
关键词：
complexity; electricity system; Hayek; utility regulation; ENERGY;
D O I：
10.1111/ecaf.12429
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Utilities worldwide have followed the natural monopoly model for more than a century. This has started to change in recent decades. Electricity systems have become complex, as interactions between participants become multidimensional. This article examines the knowledge problem in an increasingly complex electricity system. I argue that increasing complexity in the electricity system necessitates reconsideration of the regulatory tariff model for utilities.
引用
收藏
页码：406 / 418
页数：13
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