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Recipes for Monopoly Regulation

by Christian Holzleitner | 06 December 2000
PAPERBACK
Category: Monopoly
This monograph was the winner of the Nestle Prize 2000 for the best Austrian PhD-Thesis in the Social Sciences. As it is not possible to introduce competition into every single market, there will still remain monopolies - like in the telecom or energy sector - which have to be put under public regulation. This book offers a look into the latest developments in regulatory practice and theory. What shall a regulator do when she wants to give incentives for cost minimization to the regulated firm and at the same time efficient prices to the consumers? After a comparison of different real world regulatory regimes, a simple theoretical model is used to assess the real world approaches and design optimal policies. The theoretical recipes are presented in a way which should be accessible to advanced students and real world regulators.
€43.40
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This monograph was the winner of the Nestle Prize 2000 for the best Austrian PhD-Thesis in the Social Sciences. As it is not possible to introduce competition into every single market, there will still remain monopolies - like in the telecom or energy sector - which have to be put under public regulation. This book offers a look into the latest developments in regulatory practice and theory. What shall a regulator do when she wants to give incentives for cost minimization to the regulated firm and at the same time efficient prices to the consumers? After a comparison of different real world regulatory regimes, a simple theoretical model is used to assess the real world approaches and design optimal policies. The theoretical recipes are presented in a way which should be accessible to advanced students and real world regulators.
Currently out of stock
Delivery 5-7 Days
Eligible for free delivery
130 Reward Points

Any purchases for more than €10 are eligible for free delivery anywhere in the UK or Ireland!

€43.40
Currently out of stock
Delivery 5-7 Days
Eligible for free delivery
130 Reward Points

Any purchases for more than €10 are eligible for free delivery anywhere in the UK or Ireland!

Product Description

This monograph was the winner of the Nestle Prize 2000 for the best Austrian PhD-Thesis in the Social Sciences. As it is not possible to introduce competition into every single market, there will still remain monopolies - like in the telecom or energy sector - which have to be put under public regulation. This book offers a look into the latest developments in regulatory practice and theory. What shall a regulator do when she wants to give incentives for cost minimization to the regulated firm and at the same time efficient prices to the consumers? After a comparison of different real world regulatory regimes, a simple theoretical model is used to assess the real world approaches and design optimal policies. The theoretical recipes are presented in a way which should be accessible to advanced students and real world regulators.

Product Details

Recipes for Monopoly Regulation

ISBN9783631371312

FormatPAPERBACK

Publisher (06 December. 2000)

No. of Pages98

Weight150

Language English (United States)

Dimensions 210 x 148