Public Utility Regulation: The Economic and Social Control of Industry (Recent E

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Item specifics

Condition
Acceptable: A book with obvious wear. May have some damage to the cover but integrity still intact. ...
Book Title
Public Utility Regulation: The Economic and Social Control of
ISBN
9780792390190
Subject Area
Law, Political Science, Business & Economics
Publication Name
Public Utility Regulation : the Economic and Social Control of Industry
Publisher
Springer Netherlands
Item Length
9.2 in
Subject
Industries / General, Public Finance, Public Policy / Economic Policy, Public Utilities
Publication Year
1989
Series
Recent Economic Thought Ser.
Type
Textbook
Format
Hardcover
Language
English
Author
David B. Smith
Item Weight
42.3 Oz
Item Width
6.1 in
Number of Pages
Xii, 244 Pages

About this product

Product Identifiers

Publisher
Springer Netherlands
ISBN-10
0792390199
ISBN-13
9780792390190
eBay Product ID (ePID)
500277

Product Key Features

Number of Pages
Xii, 244 Pages
Publication Name
Public Utility Regulation : the Economic and Social Control of Industry
Language
English
Subject
Industries / General, Public Finance, Public Policy / Economic Policy, Public Utilities
Publication Year
1989
Type
Textbook
Subject Area
Law, Political Science, Business & Economics
Author
David B. Smith
Series
Recent Economic Thought Ser.
Format
Hardcover

Dimensions

Item Weight
42.3 Oz
Item Length
9.2 in
Item Width
6.1 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
89-008062
Dewey Edition
20
Series Volume Number
17
Number of Volumes
1 vol.
Illustrated
Yes
Dewey Decimal
363.6/0973
Table Of Content
1 Introduction.- 2 The Economics of Public Utility Regulation: An Overview.- Commentary by William M. Dugger.- 3 Pricing and the Electric Utility Industry.- Commentary by John Wenders.- 4 Telecommunications Regulation -- The Continuing Dilemma.- Commentary by Basil L. Copeland, Jr..- 5 Natural Gas Pipelines and Monopoly.- Commentary by W. W. Sharkey.- 6 Urban Water Supply: The Divergence Between Theory and Practice.- Commentary by Alfred L. Parker.- 7 Natural Monopoly Measures and Regulatory Policy.- Commentary by Ronald R. Braeutigam.- 8 The Contribution of Economic Theory to the Regulatory Process: Strengths, Weaknesses, and Future Directions.
Synopsis
David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng­ ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus­ tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure., David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng- ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus- tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure.
LC Classification Number
HD28-70

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