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Public Ownership Vs Regulated Natural Monopolies
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Book Synopsis Public Ownership Vs. Regulated Natural Monopolies by : Allen Ripley Foote
Download or read book Public Ownership Vs. Regulated Natural Monopolies written by Allen Ripley Foote and published by . This book was released on 1899 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization, Public Ownership, and the Regulation of Natural Monopoly by : Christopher D. Foster
Download or read book Privatization, Public Ownership, and the Regulation of Natural Monopoly written by Christopher D. Foster and published by . This book was released on 1992 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Control of Natural Monopolies by : Richard Schmalensee
Download or read book The Control of Natural Monopolies written by Richard Schmalensee and published by Free Press. This book was released on 1979 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Natural Monopoly and Its Regulation by : Richard A. Posner
Download or read book Natural Monopoly and Its Regulation written by Richard A. Posner and published by . This book was released on 1999 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural monopolies exist in those markets in which demand can be satisfied at lowest cost by the output of only one rather than several competing firms. Under such conditions, conventional wisdom suggests that government regulation must substitute for competition to discipline the behavior of firms.
Book Synopsis Natural Monopoly Regulation by : Sanford V. Berg
Download or read book Natural Monopoly Regulation written by Sanford V. Berg and published by Cambridge University Press. This book was released on 1989-01-27 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis An Evaluation of Private Ownership Subject to Rate of Return Regulation and Public Ownership in Dealing with the Natural Monopoly Problem by : Margaret Pratt Sproul
Download or read book An Evaluation of Private Ownership Subject to Rate of Return Regulation and Public Ownership in Dealing with the Natural Monopoly Problem written by Margaret Pratt Sproul and published by . This book was released on 1977 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Public Utility Regulation by : Michael A. Crew
Download or read book The Economics of Public Utility Regulation written by Michael A. Crew and published by Springer. This book was released on 1986-06-18 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatisation and Regulation by : Markus Aßner
Download or read book Privatisation and Regulation written by Markus Aßner and published by GRIN Verlag. This book was released on 2007-09 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2004 in the subject Economy - Theory of Competition, Competition Policy, grade: 1, University of Ulster (School of Business Organisation and Management), course: Business Economics, 12 entries in the bibliography, language: English, abstract: Index Introduction 1. The market forces argument 4 2. Breakdown of the market forces argument in natural monopolies 6 3. Economic key issues which regulators of privatised industries should consider 8 4. References 12 Introduction This essay covers some issues of privatisation and regulation. It is divided into three parts. Part one gives a brief outline of the author s understanding of the market forces argument for privatisation. In the second part it is explained what is meant by a natural monopoly and why the market forces argument does not hold if an industry is a natural monopoly. The third part then discusses which economic key issues should be considered by the regulatory body of a privatised industry. Privatisation is the transfer of public ownership away from the state to private ownership. Regulation is a limitation on the behaviour of firms or organizations, imposed by the government. From the view of competition it is the aim to remove market distortions which are caused by public enterprises and regulations (Case K. et al. 1999: 356.)
Book Synopsis Regulating Natural Monopolies in Canada by : Ian Keay
Download or read book Regulating Natural Monopolies in Canada written by Ian Keay and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first decades of the twenty-first century - more than 150 years after the earliest franchise contracts were negotiated between Canadian governments and privately owned utility companies, and 30 years after the Economic Council of Canada published John R. Baldwin's "Regulatory Failure and Renewal: The Evolution of the Natural Monopoly Contract" in 1989 - the federal government still holds a controlling interest in more than 40 crown corporations. The provinces and territories in Canada own at least 150 more firms. These public enterprises typically operate in industries prone to the formation of what economists call “natural monopolies”, including pipelines, power generation, municipal water systems, transportation, broadcasting and telecommunications. A wide range of policy instruments can be used to regulate natural monopolies, and these instruments lead to different redistributive patterns, and different levels and forms of inefficiency. In general, the social, political and economic environments in Canada have been institutionally secure, mature and sophisticated. However, the division of power that defines the federal system of governance in Canada has opened the door for idiosyncratic provincial (and therefore municipal) policy making, which has lead to the adoption of a wide range of regionally distinct regulatory responses to the formation of natural monopolies. In this introduction to Baldwin's classic work, the history of Canada's efforts to regulate natural monopolies is surveyed, and the lessons learned from a theoretical framework founded on a transactions cost approach are articulated. Questions about privatization and public ownership still swirl around Canada's pipelines, telecommunication networks and transport systems. In pursuit of answers to these questions, this introduction explains how Baldwin's work helps us to make sense of policy heterogeneity by describing how transactions costs have shifted across time and space, how courts have constrained government opportunism and defined property rights, how local industrial, economic and technological environments have interacted with political pressures, and how private and public stakeholders have strategically engaged with the policy making process in pursuit of influence and control.
Book Synopsis Private Or Government Ownership of Public Utilities by : Arthur H. Markwart
Download or read book Private Or Government Ownership of Public Utilities written by Arthur H. Markwart and published by . This book was released on 1929 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regulating Infrastructure by : José A. Gómez-Ibáñez
Download or read book Regulating Infrastructure written by José A. Gómez-Ibáñez and published by Harvard University Press. This book was released on 2006-09-01 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s and '90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways--with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the collapse of California's wholesale electricity market and the bankruptcy of Britain's largest railroad company have raised troubling questions about privatization. This book addresses one of the most vexing of these: how can government fairly and effectively regulate "natural monopolies"--those infrastructure and utility services whose technologies make competition impractical? Rather than sticking to economics, José Gómez-Ibáñez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.
Book Synopsis Municipal Trading and Municipal Ownership, Or, Operation of Public Utilities by : Ontario. Legislative Assembly
Download or read book Municipal Trading and Municipal Ownership, Or, Operation of Public Utilities written by Ontario. Legislative Assembly and published by . This book was released on 1903 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Memoirs of an Unregulated Economist by : George J. Stigler
Download or read book Memoirs of an Unregulated Economist written by George J. Stigler and published by University of Chicago Press. This book was released on 2003-03-15 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this witty and modest intellectual autobiography, George J. Stigler gives us a fascinating glimpse into the little-known world of economics and the people who study it. One of the most distinguished economists of the twentieth century, Stigler was awarded the Nobel Prize in 1982 for his work on public regulation. He also helped found the Chicago School of economics, and many of his fellow Chicago luminaries appear in these pages, including Fredrich Hayek, Milton Friedman, Ronald Coase, and Gary Becker. Stigler's appreciation for such colleagues and his sense of excitement about economic ideas past and present make his Memoirs both highly entertaining and highly educational.
Author :Ontario. Legislative Assembly. Select Committee on Public Utilities Publisher :L.K. Cameron ISBN 13 : Total Pages :256 pages Book Rating :4.A/5 ( download)
Book Synopsis Municipal Trading and Municipal Ownership Or Operation of Public Utilities by : Ontario. Legislative Assembly. Select Committee on Public Utilities
Download or read book Municipal Trading and Municipal Ownership Or Operation of Public Utilities written by Ontario. Legislative Assembly. Select Committee on Public Utilities and published by L.K. Cameron. This book was released on 1903 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Utilities, Second Edition by : David E. McNabb
Download or read book Public Utilities, Second Edition written by David E. McNabb and published by Edward Elgar Publishing. This book was released on 2016-10-28 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thoroughly updated introduction to the current issues and challenges facing managers and administrators in the investor and publicly owned utility industry, this engaging volume addresses management concerns in five sectors of the utility industry: electric power, natural gas, water, wastewater systems and public transit.
Book Synopsis Concerning Municipal Ownership by : Arthur Hastings Grant
Download or read book Concerning Municipal Ownership written by Arthur Hastings Grant and published by . This book was released on 1906 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of law and economics by : A. Mitchell Polinsky
Download or read book Handbook of law and economics written by A. Mitchell Polinsky and published by Elsevier. This book was released on 2007 with total page 981 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. This two volume Handbook is intended to foster the study of the legal system by economists. The two volumes form a comprehensive and accessible survey of the current state of the field. Chapters prepared by leading specialists of the area. Summarizes received results as well as new developments."--[Source inconnue].