Competition And Monopoly In Public Utility Industries
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Competition And Monopoly In Public Utility Industries
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Author : Burton Neubert Behling
language : en
Publisher: Urbana : University of Illinois Press
Release Date : 1938
Competition And Monopoly In Public Utility Industries written by Burton Neubert Behling and has been published by Urbana : University of Illinois Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1938 with Competition categories.
Privatization Of Natural Monopoly Public Enterprises
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Author : Ralph Bradburd
language : en
Publisher: World Bank Publications
Release Date : 1992
Privatization Of Natural Monopoly Public Enterprises written by Ralph Bradburd and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Government business enterprises categories.
The End Of A Natural Monopoly
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Author : Daniel H. Cole
language : en
Publisher: Routledge
Release Date : 2003-07-17
The End Of A Natural Monopoly written by Daniel H. Cole and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-07-17 with Business & Economics categories.
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.
Natural Monopoly And Its Regulation
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Author : Richard A. Posner
language : en
Publisher: Cato Institute
Release Date : 1999-04-01
Natural Monopoly And Its Regulation written by Richard A. Posner and has been published by Cato Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-04-01 with Political Science categories.
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. Thirty years ago a young professor named Richard Posner asked the provocative question of whether the existence of natural monopoly provides adequate justification for government intervention. His even more provocative answer was no. The evils of natural monopoly are exaggerated, the effectiveness of regulation in controlling them is highly questionable, and regulation costs a great deal. "The resources and energies of government should be directed to problems we know are substantial, that we think are traceable to government action, and that cannot be left to the private sector to work out. There are plenty of those problems, and it is doubtful that natural monopoly is among them." Thirty years after its initial publication, read the original insights of Richard Posner about the regulation of natural monopoly as well as a new preface in which Posner reflects on the deregulation of industries that has occurred since 1969 and the possibilities for more deregulation in the future."
The Theory Of Public Utility Pricing
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Author : Stephen J. Brown
language : en
Publisher: Cambridge University Press
Release Date : 1986-02-28
The Theory Of Public Utility Pricing written by Stephen J. Brown and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-02-28 with Business & Economics categories.
Debate about deregulation has focused considerable attention on the pricing policies of public utilities. Much work has been done by economists on this subject, and in this book the results of that research are presented and made accessible to students of economics. The main subject is the policy to be followed by a regulated monopoly, but the analysis is broadened to take account of a fringe of competitive suppliers, making it relevant to electric utilities and local telephone companies in the US, to PTT's in Europe, to the possible privatisatibn of telecommunications in Australia, and to the telecommunications structure in the UK where the dominant supplier has recently been privatised. The book gives a unified and simplified exposition of the modern theory of efficient pricing which is not available elsewhere. The theoretical discussion is supplemented by numerical simulation comparing Fully Distributed Cost Pricing, Ramsey Pricing, and Optimal Non-uniform Pricing.
Public Utility Regulation
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Author : Kenneth Nowotny
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Public Utility Regulation written by Kenneth Nowotny and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure.
Direct Electric Utility Competition
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Author : Walter J. Primeaux
language : en
Publisher: Praeger Publishers
Release Date : 1986
Direct Electric Utility Competition written by Walter J. Primeaux and has been published by Praeger Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
Public Enterprise In Monopolistic And Oligopolistic Industries
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Author : Ingo Vogelsang
language : en
Publisher: Psychology Press
Release Date : 2001
Public Enterprise In Monopolistic And Oligopolistic Industries written by Ingo Vogelsang and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Public enterprises remain of fundamental importance in advanced economies, and this volume characterises them as hybrids, influenced by markets and ministries.
Competition And Monopoly In Public Utility Industries
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Author : Burton N. Behling
language : es
Publisher:
Release Date : 1938
Competition And Monopoly In Public Utility Industries written by Burton N. Behling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1938 with categories.
The Regulation Of Monopoly
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Author : Roger Sherman
language : en
Publisher: Cambridge University Press
Release Date : 1989-03-31
The Regulation Of Monopoly written by Roger Sherman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-03-31 with Business & Economics categories.
Competition may not function well where technology calls for large and complex investments, as in the electrivity industry where public utilities often provide service. This book presents economic welfare foundations for the purpose of evaluating how well, from a social point of view, an enterprise performs when competition is unable to function. Problems with existing institutions are emphasized. Topics treated include welfare measures and their uses in peak-load pricing, second-best pricing, and income distribution. Professor Sherman covers public choice difficulties of government intervention, and describes problems with incentives in statutory monopolies and efforts to overcome them through the study of principal-agent relationships. Contestability and sustainable prices are also discussed, as well as effects of uncertainty and imperfect information.