tradeoff between equity and efficiency in electric utility rate structures
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tradeoff between equity and efficiency in electric utility rate structures a comment on the TVA approach by Jan Paul Acton

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Published by Rand in Santa Monica, CA .
Written in English

Subjects:

Places:

  • United States

Subjects:

  • Tennessee Valley Authority,
  • Electric utilities -- United States -- Rates -- Case studies

Book details:

Edition Notes

StatementJan Paul Acton ; prepared for the John A. Hartford Foundation, the Ford Foundation, the National Science Foundation.
SeriesA Rand note ;, N-2009-HF/FF/NSF
ContributionsJohn A. Hartford Foundation., Ford Foundation., National Science Foundation (U.S.), Rand Corporation.
Classifications
LC ClassificationsHD9685.U5 A586 1983
The Physical Object
Paginationvii, 11 p. ;
Number of Pages11
ID Numbers
Open LibraryOL3253381M
LC Control Number83171464

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  Burden Allocation and Electricity Utility Rate Structures: Issues and Options 8. An Evaluation of TVA Initiatives to Help the Poor Meet Rising Electricity Costs 9. The Tradeoff Between Equity and Efficiency in Electric Utility Rate Structures: A comment on the TVA Approach The Political Economy of U.S. Energy and Equity Policy Cited by: 3. Burden Allocation and Electricity Utility Rate Structures: Issues and Options 8. An Evaluation of TVA Initiatives to Help the Poor Meet Rising Electricity Costs 9. The Tradeoff Between Equity and Efficiency in Electric Utility Rate Structures: A comment on the TVA Approach The Political Economy of U.S. Energy and Equity Policy structures of school systems are important for the efficiency and equity of educational outcomes. We indicate these institutional structures as school-level policies. In recent decades, the most hotly disputed debates have centred around choice policies such as public or private school, competition between schools, ability grouping (students. study reviews China’s wage reform in to illustrate the trade-off between efficiency and equity that the Chinese government has experienced. The emphasis of equity before , although maintaining social justice, impeded efficiency and led to a common poverty across the nation. The wage reform starting from shifted.

The article begins with a distinction between two kinds of trade-off, either of which could form the basis for the equity-efficiency trade-off. It then discusses various possible interpretations of the term efficiency, and their implications for the existence or otherwise of the trade-off. There is a brief concluding section. Regulators and policymakers should consider the following when structuring electric utility rates: Efficiency can be used to achieve equitable outcomes: Though ensuring distributional equity in rate making is an important social goal, it is important to do this in a way that does not distort customers’ price signals. An efficient policy would. suggests that more equity is associated with more efficiency (or vice versa), see e.g. the widely cited book "The Spirit Level" by Wilkinson and Pickett () and the OECD (). The position of some Northern European countries to the northeast in such graphs is also often interpreted as examples of how the trade-offhas been escaped.   between the interest of ratepayers and shareholders. III. Rate of Return The overall rate of return (ROR) or cost of capital from a ratemaking perspective is a weighted average cost of debt, preferred equity, and common equity, where the weights are the book-value percentages of debt, preferred equity, and common equity in a firm's capital.

Efficiency, Equity, and Optimal Income Taxation Charles Brendon European University Institute November Job Market Paper Abstract Social insurance schemes must resolve a trade-o⁄ between competing e¢ ciency and equity considerations. Yet there are few general statements of this trade-o⁄ that could be used for practical policymaking. The Equity/Efficiency Trade-off in Retrospect Lars Osberg * Department of Economics Dalhousie University W riting in , Arthur Okun is gener-ally credited with popularizing the idea of a “great tradeoff" between equity and efficiency. Indeed, a generation of econo-mists has been brought up thinking that in the allocation of scarce. In his influential book Equality and Efficiency: The Big Tradeoff, Arthur Okun argued that pursuing equality can reduce efficiency (the total output produced with given resources).   An equity-efficiency tradeoff exists whenever activity in a given market simultaneously increases productive efficiency and decreases distributive equity.