Competition and the Regulation of Utilities

Language: English

Published by Springer, Springer Okt 2012, 2012

1461368111 / 9781461368113

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This item is printed on demand - Print on Demand Titel. Neuware -companies to diversify may outweigh the costs of doing so, and that some traditional regulatory concerns may be excessively restrictive. The papers by Hillman, Harris, and Jang and Norsworthy, while all relating to individual industries, have lessons for other regulated industries. Hillman's paper, 'Oil Pipeline Rates: A Case for Yardstick Regulation,' deals with the important topic of yardstick regulation for oil pipelines. While his application is highly specific, the potential application of yardstick regulation goes beyond oil pipelines. He reviews the evolution in the law regulating oil pipelines. While showing that some progress has been made in introducing economic efficiency considerations into regulation, he provides a careful critique of the operation of existing regulation and suggests an alternative based upon a yardstick approach. His approach seeks to use competitive market prices as the yardstick, with administration of price discrimination limited to dealing with possible 'favoritism' to subsidiaries and affiliates. 'Telecommunications Services as a Strategic Industry: Implications for United States Public Policy' by Harris and 'Productivity Growth and Technical Change in the United States Telecommunications Equipment Manufacturing Industries' by Jang and Norsworthy provide important insights for telecommunications.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 228 pp. Englisch.…

Seller Inventory # 9781461368113

Title
Competition and the Regulation of Utilities
Author
Michael A. Crew
Publisher
Springer, Springer Okt 2012
Publication year
2012
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1461368111
ISBN 13
9781461368113
Item weight
329 grams
Dimensions
223x152x13 mm

buchversandmimpf2000

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