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This paper discusses two types of Demand Response (DR), namely price-based DR and reliability-based DR, in the United States context. The advantages and limitations of each type of DR are reviewed through examining related studies. The paper claims that neither price-based DR nor reliability-based DR can maximize the DR benefit if applied alone. The paper then proposes two hybrid frameworks, in which both price-based and reliability-based programs are integrated into an information management system for both scheduling and dispatch. These frameworks encapsulate different degrees of change and decentralization of the electricity distribution grid.