Background
Thompson, Howard Elliott was born on July 30, 1934 in West Allis, Wisconsin, United States. Son of Leonard Adolph and Hulda Axelina (Granstrom) Thompson.
(This monograph is concerned with the determination of the...)
This monograph is concerned with the determination of the allowed rate ofreturn in rate cases which, in part, determines the rates ofcharge to customers of public utilities. Rate of return determination has been a central topic in utility regulation for a century. Recent changes in the traditionally regulated markets - electricity, gas, and telephone - have shoved discussion of rate of return determination into the background, replacing it by technology changes, competition, downsizing, deregulation, and reg'ulatory incentive systems. These new issues have made the regula tory sector, which had the reputation of being stodgy and uninteresting, an exciting field ofstudy. But rate ofreturn is not dead. It will playa key role in whatever the new structure ofthe regulated sector. Separating generation from transmis sion and distribution will not eliminate the need for rate of return analysis in the electric utility industry. Rather, it may well increase the number of companies for which the rate of return needs to be determined. It will playa fundamental role in the new regulatory environment. Incentive systems in the regulated sector may be the wave of the future but they will use the required rate ofreturn as a benchmark. Rate case will persist. Most rate cases include opposing testimony as to the "fair" rate of return or even the cost ofcapital for a public utility whose rates are at issue.
http://www.amazon.com/gp/product/0792391438/?tag=2022091-20
(This monograph is concerned with the determination of the...)
This monograph is concerned with the determination of the allowed rate ofreturn in rate cases which, in part, determines the rates ofcharge to customers of public utilities. Rate of return determination has been a central topic in utility regulation for a century. Recent changes in the traditionally regulated markets - electricity, gas, and telephone - have shoved discussion of rate of return determination into the background, replacing it by technology changes, competition, downsizing, deregulation, and reg'ulatory incentive systems. These new issues have made the regula tory sector, which had the reputation of being stodgy and uninteresting, an exciting field ofstudy. But rate ofreturn is not dead. It will playa key role in whatever the new structure ofthe regulated sector. Separating generation from transmis sion and distribution will not eliminate the need for rate of return analysis in the electric utility industry. Rather, it may well increase the number of companies for which the rate of return needs to be determined. It will playa fundamental role in the new regulatory environment. Incentive systems in the regulated sector may be the wave of the future but they will use the required rate ofreturn as a benchmark. Rate case will persist. Most rate cases include opposing testimony as to the "fair" rate of return or even the cost ofcapital for a public utility whose rates are at issue.
http://www.amazon.com/gp/product/146136762X/?tag=2022091-20
Thompson, Howard Elliott was born on July 30, 1934 in West Allis, Wisconsin, United States. Son of Leonard Adolph and Hulda Axelina (Granstrom) Thompson.
Bachelor of Science, University Wisconsin, Madison, 1956. Master of Science, University Wisconsin, Madison, 1958. Doctor of Philosophy, University Wisconsin, Madison, 1964.
Mathematician, operations research analyst, A.O. Smith Corporation, Milwaukee, 1957-1961; assistant professor School Business, University of Wisconsin, Madison, 1964-1967; associate professor, University of Wisconsin, Madison, 1967-1969; professor, University of Wisconsin, Madison, since 1969; Mary Rennebohm professor, University of Wisconsin, Madison, 1975-1985; Kuechenmeister-Bascom professor, University of Wisconsin, Madison, since 1985; visiting professor, Ohio State University, 1970-1971; consultant various utilities and utility commissions, since 1968; consultant, World Bank, 1981-1983; Wisconsin attorney general, 1973-1974; consultant, United States Energy Information Administration, since 1990.
(This monograph is concerned with the determination of the...)
(This monograph is concerned with the determination of the...)
Member American Finance Association, American Economics Association, Operations Research Society, American Institute Management Sciences, American Institute Decision Sciences, Mathematics Association American, Pi Mu Epsilon, Beta Gamma Sigma, Alpha Iota Delta, Phi Kappa Phi.
Married Judith M. Gram, June 30, 1956. Children: Linda Kay, Karen Marie, James Howard, John Leonard, Ann Elizabeth.