Regulation of the Firm and Natural Monopoly
Michael Waterson(Author)
Blackwell Publishers
Published on 4. January 1990
Book
Paperback/Softback
176 pages
978-0-631-17234-5 (ISBN)
Description
This book provides a comprehensive analysis and assessment of the purpose and effects of the main forms of regulation from the standpoint of industrial economics. The focus is on industries where market conduct is potentially substantially different from competitive. The first chapter analyses the meaning and implications of the phenomenon known as natural monopoly, examining the cases for and against intervention to regulate pricing or entry behaviour. Other topics covered include the question of intra-firm efficiency; the major forms of regulation: state control, rate regulation and franchising schemes; and theoretical and empirical assessments of various relaxations in the regulatory regime.
More details
Edition
New edition
Language
English
Place of publication
Oxford
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
Professional and scholarly
Edition type
New edition
Illustrations
Illustrations
Dimensions
Height: 229 mm
Width: 152 mm
Weight
286 gr
ISBN-13
978-0-631-17234-5 (9780631172345)
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Schweitzer Classification
Content
The meaning and purpose of regulation; regulation and natural monopoly; regulation and the theory of the firm; rate regulation schemes and their enforcement; state control and its enforcement; bidding schemes; empirical assessment; regulation and its alternatives.