Drawing from the most recent work on economic regulation, this book examines the key physical and economic characteristics of four public utility industries (electricity, gas, water and telecommunications), and the impact of these characteristics on regulatory arrangements. Suitable for students and practitioners with little prior knowledge of economic regulation.
Drawing from the most recent work on economic regulation, this book examines the key physical and economic characteristics of four public utility industries (electricity, gas, water and telecommunications), and the impact of these characteristics on regulatory arrangements. Suitable for students and practitioners with little prior knowledge of economic regulation.
Decker, Christopher Christopher Decker is a Research Fellow specialising in Law and Economics at the Centre for Socio-Legal Studies, Oxford University. Dr Decker's research interests include economic regulation, competition (antitrust) economics, industrial organization and law and economics. He has considerable practical experience of the application of economic regulation across a range of industries (energy, water, telecommunications, transport, financial services, environmental regulation and the regulation of the professions) and has acted as an advisor to competition authorities and regulators in a number of jurisdictions.
Inhaltsangabe
List of figures List of tables List of boxes Preface to the second edition Acknowledgements List of selected acronyms and abbreviations 1. Introduction Part I. 2. The perennial question: why regulate? 3. Is economic regulation inevitable? Part II. 4. Principles of regulation for core network activities 5. Forms of price regulation 6. Regulation in the presence of competition 7. Behavioural economics and regulation Part III. 8. The institutions of regulation 9. Electricity regulation 10. Gas regulation 11. Telecommunications regulation 12. Payment systems regulation 13. Digital platforms regulation 14. Rail regulation 15. Aviation regulation 16. Water and wastewater regulation 17. Conclusions Cases and legislation Bibliography Index.
List of figures List of tables List of boxes Preface to the second edition Acknowledgements List of selected acronyms and abbreviations 1. Introduction Part I. 2. The perennial question: why regulate? 3. Is economic regulation inevitable? Part II. 4. Principles of regulation for core network activities 5. Forms of price regulation 6. Regulation in the presence of competition 7. Behavioural economics and regulation Part III. 8. The institutions of regulation 9. Electricity regulation 10. Gas regulation 11. Telecommunications regulation 12. Payment systems regulation 13. Digital platforms regulation 14. Rail regulation 15. Aviation regulation 16. Water and wastewater regulation 17. Conclusions Cases and legislation Bibliography Index.
Rezensionen
'... a must-read for students and practitioners of economic regulation. This book provides an excellent overview of the extensive literature covering the theory and practice of modern economic regulation of public utilities. It is written in a style which will be readily accessible to those new to the area. It highlights lessons learnt particularly from the experience of major economies which have introduced restructuring reforms.' David Cousins, AM, Monash University, Victoria
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