This three-volume set reprints more than a century and a half of contributions on regulatory economics--from 19th- and early 20th-century discussions of railway rates to recent considerations of electricity regulation in Argentina, regulation of privatized monopolies in the UK, and funeral industry regulation in the US. Volume I (27 papers) discusses the beginnings, cost versus monopoly, early theory of price discrimination and regulation, the search for efficiency rationales, and joint cost and peak load pricing. Volume II (23 papers) addresses public interest and efficiency questions, public interest versus interest groups, contracts and franchise bidding, and externalities, market failure, and regulatory responses. Finally, Volume III (26 papers) presents contemporary issues, regulation and deregulation, empirical studies of regulatory effects, and historical studies. Each volume contains a name index but no subject index. Annotation c. by Book News, Inc., Portland, Or.
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by Robert B. Ekelund, Jr., Lowder Eminent Scholar, Auburn University
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