Natural Monopoly Regulation

Klappentext Considered the cutting edge of microeconomic theory in the 1970s! natural monopoly research remains an active and fertile field. Zusammenfassung Considered the cutting edge of microeconomic theory in the 1970s! natural monopoly research remains an active and fertile field. Policy makers and regulators have begun to implement entry and pricing policies that are based on theoretical and empirical analyses. This book develops a comprehensive framework for analyzing natural monopoly. Inhaltsverzeichnis 1. Introduction to regulatory economics; Part I. Optimal pricing and investment for natural monopolies: 2. Natural monopoly and the justification for regulation; 3. Efficient pricing using linear prices; 4. Efficient pricing using nonlinear prices; 5. Peak-load pricing; 6. Pricing and capacity under stochastic demand; 7. Sustainability of natural monopolies; Part II. Natural monopoly regulation in practice: 8. Regulation in practice: Why and how are firms regulated?; 9. Models of regulatory constraints; 10. Technological change under regulation; 11. Partial regulation, deregulation, and diversification; 12. Alternatives to traditional regulation.

Product details

• Authors: Sanford V. Berg, John Tschirhart
• Assisted by: John Pencavel (Editor)
• Publisher: External catalogues UK
• Languages: English
• Product format: Paperback / Softback
• Released: 29.07.2008
• EAN: 9780521338936
• ISBN: 978-0-521-33893-6
• Series: Cambridge Professional English
• Subject: Social sciences, law, business > Business > Individual industrial sectors, branches