Changing use of the capital-asset pricing model in utility regulation
Journal Article
·
· Public Util. Fortn.; (United States)
OSTI ID:5377139
The extent to which the capital-asset pricing model (CAPM) has gained the acceptance of regulatory authorities responsible for utility rate setting at the state and Federal levels is examined. The author is not concerned per se with the validity or reliability of use of the CAPM. Two surveys of public utility commission attitudes toward and experience with the model were made in 1978 and again in 1979. The surveys' findings are reported.
- Research Organization:
- Unvi. of Virginia, Charlottesville
- OSTI ID:
- 5377139
- Journal Information:
- Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 105:4; ISSN PUFNA
- Country of Publication:
- United States
- Language:
- English
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