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The Economics of Electricity Networks and the Evolution of the U.S. Electric Utility Industry, 1882-1935
The Economics Electricity Networks Evolution the U.S. Electric Utility Industry
2010/10/8
The widespread and costly electricity blackout in the Midwestern and Northeastern United States and Ontario, Canada in August 2003 highlighted the imperfectly constructed North American electricity tr...
THE ECONOMIC EVOLUTION OF PETROLEUM PROPERTY RIGHTS IN THE UNITED STATES
ECONOMIC EVOLUTION PETROLEUM PROPERTY RIGHTS UNITED STATES
2014/6/25
We examine Harold Demsetz’s (1967) prediction that property rights emerge and are refined as the benefits of doing so exceed the costs in the context of oil and gas resources in the U.S. Familiar inf...