Deregulatory Takings and the Regulatory Contract - The Competitive Transformation of Network Industries in the United States

This book addresses deregulatory policies termed ???deregulatory takings??? that threaten private property in network industries without compensation.

List of contents

Preface; 1. The nature of the controversy; 2. Deregulation and network pricing; 3. Quarantines and quagmires; 4. The regulatory contract; 5. Remedies for breach of the regulatory contract; 6. Takings and the property of the regulated utility; 7. Just compensation for deregulatory takings; 8. The efficient component-pricing rule; 9. The market-determined efficient component-pricing rule; 10. Answering the critics of efficient component-pricing; 11. The equivalence rule; 12. TSLRIC pricing and the fallacy of forward-looking costs; 13. Deregulatory takings and efficient capital markets; 14. Limiting principles for stranded cost recovery; 15. Deregulation and managed competition in network industries; 16. The tragedy of the telecommons; References; Indices.

Summary

This 1998 book addresses deregulatory policies that threaten to reduce or destroy the value of private property in network industries without any accompanying payment of just compensation, policies that are termed 'deregulatory takings'. The authors also consider the problem of renegotiation of the regulatory contract.

Product details

• Authors: Sidak, J. Gregory Sidak, Daniel F. Spulber, Spulber Daniel F.
• Publisher: Cambridge Academic
• Languages: English
• Product format: Hardback
• Released: 28.11.1997
• EAN: 9780521591591
• ISBN: 978-0-521-59159-1
• Dimensions: 152 mm x 229 mm x 40 mm
• Weight: 1130 g
• Illustrations: 2 b/w illus., Zeichnungen, nicht spezifiziert
• Subjects: Social sciences, law, business > Business > Economics; USA, BUSINESS & ECONOMICS / Industries / General, POLITICAL SCIENCE / Public Policy / Economic Policy, United States of America, USA, Business competition, Microeconomics, Ownership and organization of enterprises