 Order a Publication | |
onclusions
- Under certain conditions, technical evidence can indicate market imperfections.
- If market imperfections exist, then programs and policies may or may not be able to correct those imperfections and improve economic efficiency.
- In the case of efficient magnetic ballasts, minimum efficiency standards have unquestionably improved economic efficiency.
- The same imperfections that inhibited the adoption of efficient magnetic ballasts are likely to inhibit the adoption of electronic ballasts.