30th Annual PURC Conference: The Role of Regulation in Changing Markets
February 12 - 13, 2003
Gainesville, FL USA
As PURC begins its fourth decade of service, the 2003 Annual Conference explored how market imperatives and regulatory policies interact. Regulation changes market behavior by affecting entry conditions, prices, and investment strategies. Conversely, a transformation in market behavior often leads to a redefinition of regulatory responsibilities, including price reviews, incentive frameworks,
approaches to engaging a wide array of stakeholders, and methods of evaluating corporate capital structures. The challenge for regulators is to evaluate changes in corporate policies and organizations, and modify regulatory tools to meet new conditions. Regulation changes and is changed by markets.