Economic Regulation

Economic Regulation

by Paul L. Joskow
     
 

ISBN-10: 1858989477

ISBN-13: 9781858989471

Pub. Date: 03/01/2000

Publisher: Elgar, Edward Publishing, Inc.

This collection of readings on the industries that are economically regulated (sometimes referred to as natural monopolies) includes both theoretical and empirical articles that discuss topics such as efficient pricing for natural monopolies, including peak-load pricing, and the effects of economic regulation in practice, examining regulatory reform in a variety of

Overview

This collection of readings on the industries that are economically regulated (sometimes referred to as natural monopolies) includes both theoretical and empirical articles that discuss topics such as efficient pricing for natural monopolies, including peak-load pricing, and the effects of economic regulation in practice, examining regulatory reform in a variety of industries. Joskow (economics and management, MIT) includes essays by economists such as Richard Posner, William Baumol, Nancy L. Rose, and John Vickers. No subject index. Annotation c. Book News, Inc., Portland, OR

Product Details

ISBN-13:
9781858989471
Publisher:
Elgar, Edward Publishing, Inc.
Publication date:
03/01/2000
Series:
Critical Ideas in Economics Series
Pages:
736
Product dimensions:
6.88(w) x 9.50(h) x (d)

Table of Contents

Acknowledgementsix
Introductionxi
Part ITheories of Economic Regulation
1.'The Theory of Economic Regulation', Bell Journal of Economics and Management Science, 2 (1), Spring, 3-21 (1971)3
2.'Taxation by Regulation', Bell Journal of Economics and Management Science, 2 (1), Spring, 22-50 (1971)22
3.'Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation', Journal of Law and Economics, XVII (2), October, 291-327 (1974)51
4.'Administrative Procedures as Instruments of Political Control', Journal of Law, Economics, and Organization, 3 (2), Fall, 243-77 (1987)88
5.'The Economic Theory of Regulation after a Decade of Deregulation' and 'Comments and Discussion' by Michael E. Levine and Roger G. Noll, Brookings Papers on Economic Activity, 1-41, 42-8, 48-59 (1989)123
Part IIEfficient Pricing for Natural Monopolies When Regulators Are well Informed
6.'On the Proper Cost Tests for Natural Monopoly in a Multiproduct Industry', American Economic Review, 67 (5), December, 809-22 (1977)185
7.'Peak-Load Pricing', Journal of Business, XXXIII (2), April, 157-79 (1960)199
8.'Peak Load Pricing with Stochastic Demand', American Economic Review, 67 (5), December, 1006-10 (1977)222
9.'Optimal Departures From Marginal Cost Pricing', American Economic Review, LX, 265-83 (1970)227
10.'Optimal Nonlinear Prices for Multiproduct Monopolies', Bell Journal of Economics, 11 (2), Autumn, 659-70 (1980)246
Part IIIRegulatory Mechanisms When Regulators Are Imperfectly Informed
11.'Input Choices and Rate-of-Return Regulation: An Overview of the Discussion', Bell Journal of Economics and Management Science, 1 (2), Autumn, 162-90 (1970)261
12.'Regulating a Monopolist with Unknown Costs', Econometrica, 50 (4), July, 911-30 (1982)290
13.'Using Cost Observation to Regulate Firms', Journal of Political Economy, 94 (3), Part 1, June, 614-41 (1986)310
14.'Incentive Regulation For Electric Utilities', Yale Journal on Regulation, 4 (1), Fall, 1-49 (1986)338
15.'Regulating a Monopolist with Unknown Demand', American Economic Review, 78 (5), December, 986-98 (1988)387
16.'The Regulation of Multiproduct Firms Part I: Theory', Journal of Public Economics, 43, 1-36 (1990)400
17.'Good Regulatory Regimes', Rand Journal of Economics, 20 (3), Autumn, 417-36 (1989)436
Part IVEffects of Economic Regulation in Practice
18.'George Stigler's Contribution to the Economic Analysis of Regulation', Journal of Political Economy, 101 (5), October, 818-32 (1993)459
19.'Regulatory Failure, Regulatory Reform, and Structural Change in the Electrical Power Industry', Brookings Papers on Economic Activity, 125-99 (1989)474
20.'Labor Rent Sharing and Regulation: Evidence from the Trucking Industry', Journal of Political Economy, 95 (6), December, 1146-78 (1987)549
21.'The Incidence of Regulatory Rents in the Motor Carrier Industry', Rand Journal of Economics, 16 (3), Autumn, 299-318 (1985)582
22.'The Effects of Incentive Regulation in the Telecommunications Industry: A Survey', Journal of Regulatory Economics, 9 (3), May, 269-306 (1996)602
Part VNetwork Access Pricing for Competitive Entrants
23.'Creating Competition Through Interconnection: Theory and Practice', Journal of Regulatory Economics, 10 (3), November, 227-56 (1996)643
24.'The Access Pricing Problem: A Synthesis', Journal of Industrial Economics, XLIV (2), June, 131-50 (1996)673
25.'Regulation, Competition, and the Structure of Prices', Oxford Review of Economic Policy, 13 (1), Spring, 15-26 (1997)693
Name Index705

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