Natural Monopoly Regulation: Principles and Practice (Cambridge Surveys of Economic Literature) - Softcover

Berg, Sanford V.; Tschirhart, John

 
9780521338936: Natural Monopoly Regulation: Principles and Practice (Cambridge Surveys of Economic Literature)
Softcover
ISBN 10: 052133893X ISBN 13: 9780521338936
Publisher: Cambridge University Press, 1989

Synopsis

Considered the cutting edge of microeconomic theory in the 1970s, natural monopoly research remains an active and fertile field. Policy makers and regulators have begun to implement entry and pricing policies that are based on theoretical and empirical analyses. This book develops a comprehensive framework for analyzing natural monopoly. The authors first present a historical overview of regulatory economics, followed by analyses of optimal pricing and investment for single- and multiproduct natural monopolies. Topics covered include cost and demand structures, efficiency impacts of linear and multipart pricing, peak-load pricing, capacity determination, and the sustainability of natural monopolies. After a survey and analysis of natural monopoly regulation in practice, the links between technological change and regulation are identified. The book concludes with a discussion of the alternatives to traditional regulation, including public ownership, franchise schemes, quality regulation, and new incentive systems. Throughout the book, issues from the telecommunications and energy industries are used to illustrate key points. Its integrated framework will make it useful to academic economists, regulatory analysts, business researchers, and advanced students of public utility economics.

"synopsis" may belong to another edition of this title.

Book Description

Considered the cutting edge of microeconomic theory in the 1970s, natural monopoly research remains an active and fertile field. Policy makers and regulators have begun to implement entry and pricing policies that are based on theoretical and empirical analyses. This book develops a comprehensive framework for analyzing natural monopoly.

"About this title" may belong to another edition of this title.

Publisher
Cambridge University Press
Publication date
1989
Language
English
ISBN 10 
052133893X
ISBN 13 
9780521338936
Binding
Paperback
Number of pages
580

Other Popular Editions of the Same Title

9780521330398: Natural Monopoly Regulation: Principles and Practice (Cambridge Surveys of Economic Literature)

Featured Edition

ISBN 10:  0521330394 ISBN 13:  9780521330398
Publisher: Cambridge University Press, 1989
Hardcover