Effective Regulation of Public Utilities
Agencies do not need to conduct experiments in order to rely on the prediction that an unsupported stone will fall.
Associated Gas Distributors v. FERC, 824 F.2d 981, 1027 (D.C. Cir. 1987) (finding that regulators need not conduct factual hearings to learn that monopolists will act in their self-interest)
Surrebuttal Testimony Before The South Carolina PSC On Adjustment of Rates and Charges
Surrebuttal Testimony of Scott Hempling On Behalf of the South Carolina Department of Consumer Affairs