||About the Author||C. VAUGHAN JONES is a principal in Economic Data Resources of Boulder, Colorado, a consulting firm specializing in public utility and infrastructure issues. His numerous research studies have appeared in the Journal of Economic Issues,
The water and power industries, including the most capital-intensive producers of goods and services in our economy, are exposed to financial risks of staggering proportions. With projects that are routinely large and require long-term planning, and with demand and supply often highly volatile, costs regularly defy prediction. Still, there has been little explicit analysis of financial risk in the water and power industries. In this work, C. Vaughan Jones provides a ...
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