This is another one of those questions that isn't really discussed in the textbook and, since I'm not really sure about the difficulties the public utilities face, I have not idea where to begin in answering this question. Some guidance please...
"Given the difficulties that the regulation of public utilities faces, would it not be better to nationalize public utilities, as some European countries have done? Explain."© BrainMass Inc. brainmass.com October 24, 2018, 10:41 pm ad1c9bdddf
Nationalization solves the problem of having to regulate prices, but introduces problems of performance. Public utilities are notoriously underfunded. The government, after all, has many obligations. Whenever the economy isn't ...
concepts of value and utility differ in the public sector
Give me idea to get me started (bullet points and references) on creating a training documents on this topic: Explain how the concepts of value and utility differ in the public sector as to the private sector.View Full Posting Details