Privatization, Restructuring, and Regulation of Network Utilities (Walras-Pareto Lectures) (Walrus-Pareto Lectures)
Language: English
Published by Mit Pr, 2000
- Hardcover
- Used
Seller: Open Books, Chicago, IL, U.S.A.Open Books
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Condition: Used - Very good
£ 39.04
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- Title
- Privatization, Restructuring, and Regulation of Network Utilities (Walras-Pareto Lectures) (Walrus-Pareto Lectures)
- Author
- Newbery, David
- Publisher
- Mit Pr
- Publication year
- 2000
- Condition
- Very Good
- Binding
- hardcover
- Language
- English
- ISBN 10
- 0262140683
- ISBN 13
- 9780262140683
David Newbery argues that price-setting rules comprise only part of the policy agenda. Network utilities pose special problems of ownership and regulation. He discusses the history of ownership and regulation, privatization, and theories of regulation. Examining three network utilities in detail—telecoms, electricity, and gas—he contrasts the regulatory approaches of Britain and the United States. He also looks at liberalization in a variety of other countries.
History shows that the mature forms of regulatory institutions are remarkably similar under both public and private ownership. This raises obvious questions such as: Will the forces that caused convergence to regulated vertical integration in the past reassert themselves? Can the benefits of competition be protected against the pressure to reintegrate? Will different utilities differ in their form and structure? A full understanding of the forces shaping regulatory institutions is necessary to answer these important questions.
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Open Books
Chicago, IL, U.S.A.
AbeBooks seller since October 14, 2016
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