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| Author: | Bunn, D. |
| Title: | Evaluating the effects of privatizing |
| Journal: | Journal of the Operational Research Society
1994 : APR, VOL. 45:4, p. 367-375 |
| Index terms: | PRIVATIZATION ELECTRICITY CAPITAL COSTS |
| Language: | eng |
| Abstract: | In this text of the 1993 Blackett Memorial Lecture, a critical assessment of the effects of electricity privatization in England and Wales is undertaken, with a particular emphasis upon understanding the new economic and strategic forces in the market. This leads to some discussion of the type of modelling approaches that can provide insight into these processes. In particular, a key role for business situation, alongside optimization methods and economic analysis, is identified as a basis for an effective regulatory framework to manage the transition to more efficient market competition. |
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