| Recipes for Monopoly Regulation Contributor(s): Holzleitner, Christian (Author) |
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ISBN: 3631371314 ISBN-13: 9783631371312 Publisher: Peter Lang Gmbh, Internationaler Verlag Der W OUR PRICE: $65.03 Product Type: Paperback - Other Formats Published: December 2000 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General |
| Dewey: 338.82 |
| Series: European University Studies. Series 5, Economics and Managem |
| Physical Information: 98 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This monograph was the winner of the Nestl Prize 2000 for the best Austrian PhD-Thesis in the Social Sciences. As it is not possible to introduce competition into every single market, there will still remain monopolies - like in the telecom or energy sector - which have to be put under public regulation. This book offers a look into the latest developments in regulatory practice and theory. What shall a regulator do when she wants to give incentives for cost minimization to the regulated firm and at the same time efficient prices to the consumers? After a comparison of different real world regulatory regimes, a simple theoretical model is used to assess the real world approaches and design optimal policies. The theoretical recipes are presented in a way which should be accessible to advanced students and real world regulators. |
