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Deregulating Regulators
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Book Synopsis The Political Economy of Deregulation by : Roger G. Noll
Download or read book The Political Economy of Deregulation written by Roger G. Noll and published by American Enterprise Institute Press. This book was released on 1983 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Contrived Competition by : Richard H. K. Vietor
Download or read book Contrived Competition written by Richard H. K. Vietor and published by Harvard University Press. This book was released on 1994 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: And Bank-America, caught short with bad loans and a deep recession in the early eighties, nearly failed before Sam Armacost and then Tom Clausen achieved an amazing turnaround in the mid-1980s.
Book Synopsis Economic Regulation and Its Reform by : Nancy L. Rose
Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Book Synopsis Responsive Regulation by : Ian Ayres
Download or read book Responsive Regulation written by Ian Ayres and published by Oxford University Press. This book was released on 1995-02-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book transcends current debate on government regulation by lucidly outlining how regulations can be a fruitful combination of persuasion and sanctions. The regulation of business by the United States government is often ineffective despite being more adversarial in tone than in other nations. The authors draw on both empirical studies of regulation from around the world and modern game theory to illustrate innovative solutions to this problem. Their ideas include an argument for the empowerment of private and public interest groups in the regulatory process and a provocative discussion of how the government can support and encourage industry self-regulation.
Book Synopsis Regulators' Revenge by : Tom W. Bell
Download or read book Regulators' Revenge written by Tom W. Bell and published by Cato Institute. This book was released on 1998 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Telecommunications Act of 1996 has failed to fulfill its deregulatory promise. The act in many cases has replaced regulated monopoly with eerily similar regulated competition. Only markets that are truly free will innovate and remain healthy in the long run. These essays suggest how to move toward free markets in telecommunications.
Book Synopsis Deregulating Regulators? by : Jean-Pierre Chamoux
Download or read book Deregulating Regulators? written by Jean-Pierre Chamoux and published by IOS Press. This book was released on 1991 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: An overview of European communications policy research issues as presented by leading academic researchers, policy-makers and senior industry actors in the communications sector. Coverage include competition policies, regulatory issues, public service obligations and limited resources allocation.
Book Synopsis The Politics of Deregulation by : Martha Derthick
Download or read book The Politics of Deregulation written by Martha Derthick and published by Brookings Institution Press. This book was released on 2001-06-07 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard wisdom among political scientists has been that "iron triangles" operated among regulatory agencies, the regulated industries, and members of Congress, all presumably with a stake in preserving regulation that protected the industries from competition. Despite almost unanimous agreement among economists that such regulation was inefficient, it seemed highly unlikely that deregulation could occur. Yet between 1975 and 1980 major deregulatory changes that strongly favored competition did take place in a wide range of industries. The results are familiar to airline passengers, users of telephone service, and trucking freight shippers, among others. Martha Derthick and Paul J. Quirk ask why this deregulation happened. How did a diffuse public interest prevail over the powerful industry and union interests that sought to preserve regulation? Why did the regulatory commissions, which were expected to be a major obstacle to deregulation, instead take the initiative on behalf of it? And why did influential members of Congress push for even greater deregulation? The authors concentrate on three cases: airlines, trucking, and telecommunications. They find important similarities among the cases and discuss the implications of these findings for two broader topics: the role that economic analysis has played in policy change, and the capacity of the American political system for transcending narrow interests.
Book Synopsis Deregulation of Network Industries by : Sam Peltzman
Download or read book Deregulation of Network Industries written by Sam Peltzman and published by Rowman & Littlefield. This book was released on 2011-04-01 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.
Book Synopsis Deregulation by : United States. Congress. Joint Economic Committee
Download or read book Deregulation written by United States. Congress. Joint Economic Committee and published by . This book was released on 1990 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Unsustainable Costs of Partial Deregulation by : Paul W. MacAvoy
Download or read book The Unsustainable Costs of Partial Deregulation written by Paul W. MacAvoy and published by Yale University Press. This book was released on 2007-01-01 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This vivid portrait of Bart Giamatti encompasses his entire eventful life but focuses especially on his years at Yale University (1966-1986) and his brief career as a major league baseball executive (1986-1989). As scholar, teacher, and then university president, Giamatti was an admired and respected figure on campus. He forged his academic career during turbulent decades, and his tenure in baseball was no less contentious, for as commissioner of baseball he oversaw the banishment of Cincinnati's Pete Rose from the game for gambling. The book draws on Giamatti's numerous writings and speeches to illuminate the character and complexities of the man and to understand the values that motivated his leadership. Bart Giamatti was a cultural conservative and institutional moderate at a time when such values were out of favour and under attack. At Yale, as a baseball executive, and indeed in all things, Giamatti championed the related values of freedom and order. Robert P. Moncreiff places Giamatti in the context of major events at Yale, recounts in detail the legal context in which the Pete Rose affair unfolded, and arrives at a nuanced understanding of this memorable man's life.
Book Synopsis Deregulatory Takings and the Regulatory Contract by : J. Gregory Sidak
Download or read book Deregulatory Takings and the Regulatory Contract written by J. Gregory Sidak and published by Cambridge University Press. This book was released on 1997-11-28 with total page 655 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1998 book addresses deregulatory policies termed 'deregulatory takings' that threaten private property in network industries without compensation.
Book Synopsis Regulation, Deregulation, Reregulation by : Claude Ménard
Download or read book Regulation, Deregulation, Reregulation written by Claude Ménard and published by Edward Elgar Publishing. This book was released on 2009 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.
Book Synopsis The Irony of Regulatory Reform by : Robert Britt Horwitz
Download or read book The Irony of Regulatory Reform written by Robert Britt Horwitz and published by Oxford University Press, USA. This book was released on 1989 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Horwitz here examines the history of telecommunications to build a compelling new theory of regulation, showing how anti-regulation rhetoric has often had unintended and unwanted effects on American industry.
Book Synopsis Deregulating the Airlines by : Elizabeth E. Bailey
Download or read book Deregulating the Airlines written by Elizabeth E. Bailey and published by MIT Press. This book was released on 1985 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: The airline industry has been buffeted by the forces of deregulation since themid-1970s. Many new firms have entered, some with different price and operating philosophies andsome of these have thrived. Other airlines have gone bankrupt. Overall the real cost of air travelhas declined considerably; however, the effects have varied dramatically from market to market.Exactly how was this massive experiment envisioned and planned? How has it worked? And how will itwork in the long run?Deregulating the Airlines narrates and analyzes the decisions taken by theCivil Aeronautics Board during the transition to deregulation and the reasoning behind the AirlineDeregulation Act of 1978. It provides many comparisons of the industry before and after deregulationand uses those data to test the various hypotheses that scholars and politicians have advanced abouthow markets would behave if regulation were removed. Its findings provide information on both thedemand and the cost side that will be important in molding the long-run equilibrium of the industry,and it discusses how quickly the industry is moving toward that equilibrium.For policymakers andstudents of regulation in particular, this study provides a unique case for contrasting theoperation of an industry under close regulatory control and its operation free of such controls. Itis able to make use of an unusually large volume of data on the costs, operations, and prices ofindividual firms to show how markets work and how regulation works.The book's in-depth analysis ofthe impact of policy changes in the airline industry is drawn in part from the authors' activeinvolvement in implementing the new policies. Elizabeth Bailey is Dean of the Graduate School ofIndustrial Administration at Carnegie-Mellon. Previously she was a commissioner and vice chairman atthe Civil Aeronautics Board. Daniel Kaplan is director of the Board's Office of Economic Analysis.David R. Graham, manager of the Defense Economics Program at the Institute for Defense Analysis, wasa Board economist.Deregulating the Airlines is tenth in the series, Regulation of Economic Activity,edited by Richard Schmalensee.
Book Synopsis Regulatory Issues Since 1964 by : Robert F. Himmelberg
Download or read book Regulatory Issues Since 1964 written by Robert F. Himmelberg and published by Taylor & Francis. This book was released on 1994 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1994. Routledge is an imprint of Taylor & Francis, an informa company.
Book Synopsis Contemporary Regulatory Policy by : Marc Allen Eisner
Download or read book Contemporary Regulatory Policy written by Marc Allen Eisner and published by Lynne Rienner Publishers. This book was released on 2000 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines regulatory trends and political control of the regulatory process in seven major areas: antitrust, banking and securities, telecommunication, environmental protection, occupational safety and health, consumer products, and energy.
Book Synopsis The Palgrave Encyclopedia of Strategic Management by :
Download or read book The Palgrave Encyclopedia of Strategic Management written by and published by Palgrave Macmillan. This book was released on 2018-05-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Palgrave Encyclopedia of Strategic Management has been written by an international team of leading academics, practitioners and rising stars and contains almost 550 individually commissioned entries. It is the first resource of its kind to pull together such a comprehensive overview of the field and covers both the theoretical and more empirically/practitioner oriented side of the discipline.