Read more
List of contents
1. Introduction; 2. Defining a theoretical normative benchmark; 3. Thinking like a monopoly about price and output; 4. Regulating a monopoly with full information; 5. Regulating under informational constraints; 6. Regulatory rules to set the average price; 7. Linking regulatory theory to practice through finance; 8. Nonlinear pricing in regulation; 9. Social concerns in regulatory design; 10. Regulating quality; 11. On the regulation of investment; 12. Regulating multiproduct oligopolies; 13. Abuse of market power in (de)regulated industries; 14. On the relevance of institutional quality; 15. Emerging regulatory challenges.
About the author
Emmanuelle Auriol is Professor of Economics at the Toulouse School of Economics. Throughout the years she has received several awards for her research on regulation, industrial organization and development economics.Claude Crampes is Professor Emeritus of Economics at the Toulouse School of Economics. He has worked as an advisor for energy utilities and regulators in Europe.Antonio Estache is Professor of Economics at the Université libre de Bruxelles and a member of the ECARES research center. Prior to that, he worked at the World Bank for twenty years, on public sector policies.
Summary
A bridge between theory and an evolving global practice, this book provides the tools needed to analyse the present and the future of economic regulation. The authors analyze traditional and emerging regulatory challenges in developed and developing economies, addressing issues such as adaptation to climate change and poverty concerns.
