Ian Cook [NOTE: Our anti-spam software does not like something in Ian’s comment, so he graciously gave his consent to post this as a guest post — ed.] Unfortunately, I don’t know much about the institutions specifically within the electric power industry, so I imagine this will be of limited help. But, that’s never really …
Lynne Kiesling In my previous post about organic institutional change, I pondered Ostrom?s eight institutional design principles. She applies her analyses to common pool resources (CPRs). Are they also applicable to changing electricity regulation institutions? Obviously I suspect that the answer is ?yes? or I wouldn?t be putting us all through this. One of the …
Lynne Kiesling In my previous “thinking out loud” post on institutional change, I ended with this question: Institutional change is in many ways itself a constructivist exercise. Is there a way to make the process of institutional change more organic, and thus more likely to lead to “valuable, meaningful, forward-looking, robust, evolutionarily adaptive institutional change”? …
Difficult Thinking About Institutional Change Iii: Ostrom’s Design Principles Read More »
In terms of energy markets, the news today seems to be no news. Prices are not fluctuating much, domestic gasoline inventories are higher than last year at this time, OPEC producers are pumping 1.4 million barrels per day over their stated quota (that’s 6 percent).
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