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Utilities Policy is the peer-reviewed journal for researchers, utility company professionals, financial analysts, and industry consultants. It publishes original research papers, review papers, viewpoints, as well as book reviews, about the entire range of utilities including coal, electricity, gas, oil, telecommunications, urban transport, water, waste, and renewable forms of energy.

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This book provides those in the regulatory policy community with a basic theoretical and practical grounding in risk as it relates specifically to economic regulation in order to focus and elevate discourse about risk in the utility sector in the contemporary context of economic, technological, and regulatory change. This is not a “how-to” book with regard to calculating risks and returns but rather a resource that aims to improve understanding of the nature of risk. It draws from the fields of corporate finance, behavioral finance, and decision theory as well as the broader legal and economic theories that undergird institutional economics and the economic regulatory paradigm.

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