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ndltd-OhioLink-oai-etd.ohiolink.edu-osu12729923482021-08-03T05:59:14Z Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map Koundinya, Sridarshan U. <p>This dissertation explores the role of ideas and ideology in the mental policy design maps of regulators in the US and in India. The research approach is to describe the regulatory design process in the history of the US electric industry from a neo-institutional and developmental perspective and then to use the insights of such a study to suggest policy options to a sample of Indian experts.</p><p>A regulatory process model explores the interactions among normative values, regulatory instruments and historical phases in policy design. A spectrum of seven regulatory instruments, - subsidized rates, average cost pricing, marginal cost pricing, time-of-use pricing, ramsey pricing, incentive regulation and spot pricing is examined. A neo-institutional perspective characterizes the process of institutionalizing regulatory instruments as a design process that infuses them with values beyond mere technical requirements. The process model includes normative values such as efficiency, fairness, free choice and political feasibility. These values arise from an analytical classification of various market metaphors debated in the history of economic thought.</p><p>The theory of development and co-evolution applied to the history of electricity regulation yields a typology of evolutionary phases in the US. The typology describes hierarchically emergent relationships between supply and demand and among the normative values. The theory hypothesizes technologically contingent relationships between pricing policies and normative values in the historical phases of dependence (or rural), independence (or urban) and interdependence (or informational).</p><p>The contents of this model are represented as related elements in a policy design map that simplifies the process of designing regulatory instruments in the US. This neo-institutional, developmental policy design map was used to design a survey instrument. The survey was conducted among electricity experts in India to test the hypothesized inter-relationships among various elements at different levels of the policy design map in a cross-national context. The study adds value with a comprehensive design map that helps to organize and give coherence to the policy prescriptions made by Indian experts as they converge on one institutional model. Thus the dissertation contributes to the transfer of knowledge about regulatory practice from the US to India.</p> 1998 English text The Ohio State University / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=osu1272992348 http://rave.ohiolink.edu/etdc/view?acc_num=osu1272992348 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws.
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NDLTD
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English
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NDLTD
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| author |
Koundinya, Sridarshan U.
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| spellingShingle |
Koundinya, Sridarshan U.
Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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| author_facet |
Koundinya, Sridarshan U.
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| author_sort |
Koundinya, Sridarshan U.
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| title |
Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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| title_short |
Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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| title_full |
Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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| title_fullStr |
Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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| title_full_unstemmed |
Electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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| title_sort |
electricity pricing policy : a neo-institutional, developmental and cross-national policy design map
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The Ohio State University / OhioLINK
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1998
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| url |
http://rave.ohiolink.edu/etdc/view?acc_num=osu1272992348
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| work_keys_str_mv |
AT koundinyasridarshanu electricitypricingpolicyaneoinstitutionaldevelopmentalandcrossnationalpolicydesignmap
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1719428952837062656
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