Regulating Utilities with Management Incentives: A Strategy for Improved Performance

Introduction: Regulating with Incentives Rather than Commands Weak and Perverse Productivity Incentives in Traditional Utility Regulation Traditional Regulation's Problems with Bonuses and Penalties Comprehensive Incentive Plans and Rule-Making Procedures--A Better Approach Process and Rationality in Organizational Decision Making: Lessons from Organization Theory and Institutional Economics Use of Incentive Compensation by Companies Today A Strategy for Using Incentives in Utility Regulation Bibliography Index