The Economic and Social Regulation of Public Utilities

The Economic and Social Regulation of Public Utilities PDF Author: Judith Clifton
Publisher: Routledge
ISBN: 1317981618
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
Utilities have long been essential for societies, supplying basic services for nations, organizations and households alike. The proper functioning and regulation of utilities is therefore critical for the economy, society and security. History provides an invaluable insight into important issues of the economic and social regulation of utilities and offers guidance for future debates. However, the history of utility regulation – which speaks of changing, diverse and complex experiences around the world – was sidelined or marginalised when economists and policy-makers enthusiastically embraced the question of how to reform the utilities from the 1970s. This book examines in depth the complex regulation and deregulation of energy, communications, transportation and water utilities across Western Europe, the United States, Australia, Brazil, China and India. In each case, attention is drawn to the changing roles of the state, the market and firms in the regulation, organization and delivery of utility services. This book was originally published as a special issue of Business History.

The Economic and Social Regulation of Public Utilities

The Economic and Social Regulation of Public Utilities PDF Author: Judith Clifton
Publisher: Routledge
ISBN: 1317981618
Category : Business & Economics
Languages : en
Pages : 153

Get Book

Book Description
Utilities have long been essential for societies, supplying basic services for nations, organizations and households alike. The proper functioning and regulation of utilities is therefore critical for the economy, society and security. History provides an invaluable insight into important issues of the economic and social regulation of utilities and offers guidance for future debates. However, the history of utility regulation – which speaks of changing, diverse and complex experiences around the world – was sidelined or marginalised when economists and policy-makers enthusiastically embraced the question of how to reform the utilities from the 1970s. This book examines in depth the complex regulation and deregulation of energy, communications, transportation and water utilities across Western Europe, the United States, Australia, Brazil, China and India. In each case, attention is drawn to the changing roles of the state, the market and firms in the regulation, organization and delivery of utility services. This book was originally published as a special issue of Business History.

Economics of Regulation and Antitrust

Economics of Regulation and Antitrust PDF Author: W. Kip Viscusi
Publisher: MIT Press
ISBN: 026222075X
Category : Business & Economics
Languages : en
Pages : 955

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Book Description
A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

The Theory of Competitive Price

The Theory of Competitive Price PDF Author: George Joseph Stigler
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 216

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Book Description


The Strategy of Social Regulation

The Strategy of Social Regulation PDF Author: Lester B. Lave
Publisher: Washington, D.C. : Brookings Institution
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

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Book Description


The Costs and Benefits of Regulation

The Costs and Benefits of Regulation PDF Author: J. Luis Guasch
Publisher: World Bank Publications
ISBN:
Category : Analisis costo-beneficio
Languages : en
Pages : 45

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Book Description


Law and Economics of Regulation

Law and Economics of Regulation PDF Author: Klaus Mathis
Publisher: Springer Nature
ISBN: 3030705307
Category : Law
Languages : en
Pages : 327

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Book Description
This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector is subject to general laws and regulations as well as specific rules and standards. A traditional argument to justify regulatory interventions is the promotion of public interests. Fixing markets that lack competition, balancing information asymmetries, internalising externalities, mitigating systemic risks, and protecting consumers from irrational behaviour are frequently invoked to complement the invisible hand of the market with the visible hand of the state.However, regulations can lead to unintended consequences, and serve the interests of powerful private interest groups rather than the public interest and social welfare. In addition, new insights from behavioural economics question the traditional regulatory approaches, most prominently in attitudes towards consumers. Furthermore, digitalisation and technological innovation in general present new challenges in terms of both the type of regulation and the regulatory process.Part I of this book discusses various theoretical approaches to the economic analysis of regulations, while Part II looks at specific applications of the law and economics of regulation.

Economic Regulation and Its Reform

Economic Regulation and Its Reform PDF Author: Nancy L. Rose
Publisher: University of Chicago Press
ISBN: 022613816X
Category : Business & Economics
Languages : en
Pages : 619

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Book Description
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

The Economics of Government Regulation

The Economics of Government Regulation PDF Author: Wang Junhao
Publisher: Routledge
ISBN: 9781032026541
Category :
Languages : en
Pages : 0

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Book Description
This book offers an in-depth and systematic review of the two major forms of regulation--regulatory process and capture theory, with particular emphasis on the Chinese context, drawing from a myriad of cases across the telecommunications, electric power, and water industries sectors since the founding of the People's Republic of China in 1949.

Work-place

Work-place PDF Author: Jamie Peck
Publisher: Guilford Press
ISBN: 9781572300446
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
Challenging the prevailing idea that labor markets are governed by universal economic processes, this significant work argues instead that labor markets develop in tandem with social and political institutions, and thus function in locally specific ways. Focusing on the complex social processes that lie at the heart of the labor market, the author offers a provocative new perspective and proposes new ways of conducting research in the area.

Governance at Work : The Social Regulation of Economic Relations

Governance at Work : The Social Regulation of Economic Relations PDF Author: Richard Whitley
Publisher: OUP Oxford
ISBN: 0191590894
Category :
Languages : en
Pages : 286

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Book Description
Global pressures present similar challenges to companies in different countries, but how those organizations deal with them depends on the social and institutional framework in which they develop and operate. In this book, leading academics explore and explain variations in governance systems, focusing in particular on European trends. In Governance at Work: The Social Regulation of Economic Relations the authors ask: · Are structures of work and business organization changing? Are we seeing a move away from large-scale (Fordist) mass-production systems that have dominated the industrialized world in the 20th century? · What are the local/national determinants of business organization? · Can we speak of different national business systems if so, how do these interact with the operations of international companies in global competition?