Vertical Market Arrangements, Risk-Shifting, and Natural Gas Pipeline Regulation (Classic Reprint)

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Excerpt from Vertical Market Arrangements, Risk-Shifting, and Natural Gas Pipeline RegulationWhile it is not the purpose of this paper to provide a complete analysis of the merits of each of these regulatory alternatives, it does analyze the changing nature of vertical market arrangements in the gas industry in the context of the current regulatory system. In the consideration of any regulatory alternative for the gas industry, the behavior of pipelines under the current regulatory system should be understood.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.