Author: Claude Ménard
Publisher: Edward Elgar Publishing
ISBN: 1848449283
Category : Business & Economics
Languages : en
Pages : 405
Book Description
After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.
Regulation, Deregulation, Reregulation
Author: Claude Ménard
Publisher: Edward Elgar Publishing
ISBN: 1848449283
Category : Business & Economics
Languages : en
Pages : 405
Book Description
After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.
Publisher: Edward Elgar Publishing
ISBN: 1848449283
Category : Business & Economics
Languages : en
Pages : 405
Book Description
After 25 years of industry restructuring, regulatory reform and deregulation across many industrial sectors in many countries, it is an appropriate time to take stock of the impacts of these reforms on consumers, producers and overall economic performance. This book contains the latest thinking on these issues by a distinguished international group of scholars. It s a collection of essays for our time that is well worth reading. Paul L. Joskow, Massachusetts Institute of Technology, US The most exciting development in the study of regulation in the past quarter century is research on the incentives that are created by the details of the procedures for creating and enforcing regulatory rules. This book brings together a rich collection of studies that collectively advance our understanding of the effect of regulatory governance on the performance of regulated firms, with important lessons about how to design more effective regulatory instruments and processes. Roger G. Noll, Stanford University, US Cycles of poorly-designed or weakly-enforced regulation, disappointing performance and political over-reaction are now familiar to students of regulated industries. Nourished by recent developments in the economics of incentives, including their transaction costs and property rights dimensions, and written by renowned experts in the field, Regulation, Deregulation, Reregulation is a must-read for all those interested in the economics and politics of regulation. A timely book, the publication of which coincides with the designing of a post-subprime regulatory framework for the financial industry. Jean Tirole, Toulouse School of Economics, France Building on Oliver Williamson s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly. With its emphasis on the institutional embeddedness of regulatory issues and the problems generated by the benign neglect of institutional factors in the reform of major public utilities, this book will provide a wide-ranging audience with challenging views on the dynamics of regulatory approaches. Economists, political scientists, postgraduate students, researchers and policymakers with an interest in institutional economics and economic organization will find the book to be a stimulating and enlightening read.
Regulation, Deregulation, Re-regulation
Author: Kenneth A. Armstrong
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 122
Book Description
This book examines the normative issues associated with attempts to reform the structures and processes through which the EU governs. The first of the three essays in the book considers attempts to improve the quality of EU legislation, focusing in particular upon the possibilities and limitations that are inherent in the subsidiarity principle. The normative issues associated with the contracting-out of negotiations to European-level ""social partners"" are considered in the second essay. Finally, the third analyses the 1999 reforms to the ""comitology"" system. Kenneth Armstrong argues that only when such issues are placed in the context of a system of multi-level governance with an attendant multi-level constitutionalism, can the possibilities for legitimization and de-legitimization be understood.
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 122
Book Description
This book examines the normative issues associated with attempts to reform the structures and processes through which the EU governs. The first of the three essays in the book considers attempts to improve the quality of EU legislation, focusing in particular upon the possibilities and limitations that are inherent in the subsidiarity principle. The normative issues associated with the contracting-out of negotiations to European-level ""social partners"" are considered in the second essay. Finally, the third analyses the 1999 reforms to the ""comitology"" system. Kenneth Armstrong argues that only when such issues are placed in the context of a system of multi-level governance with an attendant multi-level constitutionalism, can the possibilities for legitimization and de-legitimization be understood.
The End of a Natural Monopoly
Author: Daniel H. Cole
Publisher: Routledge
ISBN: 1135697000
Category : Business & Economics
Languages : en
Pages : 258
Book Description
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation.
Publisher: Routledge
ISBN: 1135697000
Category : Business & Economics
Languages : en
Pages : 258
Book Description
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation.
Contrived Competition
Author: Richard H. K. Vietor
Publisher: Harvard University Press
ISBN: 9780674169623
Category : Business & Economics
Languages : en
Pages : 474
Book Description
And Bank-America, caught short with bad loans and a deep recession in the early eighties, nearly failed before Sam Armacost and then Tom Clausen achieved an amazing turnaround in the mid-1980s.
Publisher: Harvard University Press
ISBN: 9780674169623
Category : Business & Economics
Languages : en
Pages : 474
Book Description
And Bank-America, caught short with bad loans and a deep recession in the early eighties, nearly failed before Sam Armacost and then Tom Clausen achieved an amazing turnaround in the mid-1980s.
The Political Economy of Deregulation
Author: Roger G. Noll
Publisher: American Enterprise Institute Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Publisher: American Enterprise Institute Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 184
Book Description
Deregulation and Its Discontents
Author: M. Ramesh
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
Book Description
Examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia.
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
Book Description
Examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia.
Regulation and Markets
Author: Daniel F. Spulber
Publisher: MIT Press
ISBN: 9780262192750
Category : Business & Economics
Languages : en
Pages : 720
Book Description
Regulation and Markets provides the up to date, integrated analysis of regulatory policies and the administrative process that is needed in today's field of regulation economics. The book takes a modern perspective, using the tools of industrial organization and game theory. It is the only unified treatment of the field and combines theoretical models with consideration of public policy issues in the areas of antitrust, price regulation, environmental regulation, product quality, and workplace safety. The discussion considers both the welfare effects of regulation and the institutional aspects of the administrative regulatory process. Developments in the fields of law and political science have been integrated in a rigorous manner into the economic framework.Sections of the book address administrative process and market allocation, competition and pricing under increasing returns to scale, administrative regulation of markets, and antitrust enforcement. The conclusion evaluates regulatory policy and deregulation. Extensive literature citations throughout enhance the books value as a reference.
Publisher: MIT Press
ISBN: 9780262192750
Category : Business & Economics
Languages : en
Pages : 720
Book Description
Regulation and Markets provides the up to date, integrated analysis of regulatory policies and the administrative process that is needed in today's field of regulation economics. The book takes a modern perspective, using the tools of industrial organization and game theory. It is the only unified treatment of the field and combines theoretical models with consideration of public policy issues in the areas of antitrust, price regulation, environmental regulation, product quality, and workplace safety. The discussion considers both the welfare effects of regulation and the institutional aspects of the administrative regulatory process. Developments in the fields of law and political science have been integrated in a rigorous manner into the economic framework.Sections of the book address administrative process and market allocation, competition and pricing under increasing returns to scale, administrative regulation of markets, and antitrust enforcement. The conclusion evaluates regulatory policy and deregulation. Extensive literature citations throughout enhance the books value as a reference.
Freer Markets, More Rules
Author: Steven Kent Vogel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
Book Description
Introduction: The Deregulation Revolution That Wasn't -- 1. Understanding Regulatory Reform -- 2. Why Change the Rules? -- 3. The United Kingdom and Japan: Two Paths to Regulatory Reform -- 4. Telecommunications: The Creation of Competition -- 5. Financial Services: The Big Bang and the Proliferation of Rules -- 6. Regulatory Reform British Style: The Separation of Regulatory Powers -- 7. Telecommunications: Reregulation with a Vengeance -- 8. Financial Services: The Ministry of Finance and the Perpetual Bargain -- 9. Regulatory Reform Japanese Style: The Strategy Behind Slowness -- 10. Other Countries: The Many Roads to Reregulation -- 11. The Irony of State-Led Deregulation.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 324
Book Description
Introduction: The Deregulation Revolution That Wasn't -- 1. Understanding Regulatory Reform -- 2. Why Change the Rules? -- 3. The United Kingdom and Japan: Two Paths to Regulatory Reform -- 4. Telecommunications: The Creation of Competition -- 5. Financial Services: The Big Bang and the Proliferation of Rules -- 6. Regulatory Reform British Style: The Separation of Regulatory Powers -- 7. Telecommunications: Reregulation with a Vengeance -- 8. Financial Services: The Ministry of Finance and the Perpetual Bargain -- 9. Regulatory Reform Japanese Style: The Strategy Behind Slowness -- 10. Other Countries: The Many Roads to Reregulation -- 11. The Irony of State-Led Deregulation.
Regulation, Deregulation, Or Reregulation
Author: W. Teplitz-Sembitzky
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 120
Book Description
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 120
Book Description
Deregulation or re-regulation?
Author: Giandomenico Majone
Publisher:
ISBN:
Category :
Languages : de
Pages : 39
Book Description
Publisher:
ISBN:
Category :
Languages : de
Pages : 39
Book Description