Regulating Infrastructure
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Home > Business and Economics > Economics > Regulating Infrastructure: Monopoly, Contracts, and Discretion
Regulating Infrastructure: Monopoly, Contracts, and Discretion

Regulating Infrastructure: Monopoly, Contracts, and Discretion


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About the Book

This book addresses a vexing question about privatization: how can government fairly and effectively regulate “natural monopolies”—infrastructure and utility services whose technologies make competition impractical? Gómez-Ibáñez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation.

Table of Contents:
Contents Acknowledgments 1. Monopoly as a Contracting Problem 2. The Choice of Regulatory Strategy I Regulatory Politics and Dynamics 3. The Behavior of Regulatory Agencies 4. Capture and Instability: Sri Lanka’s Buses and U.S. Telephones 5. Incompleteness and Its Consequences: Argentina’s Railroads 6. Forestalling Expropriation: Electricity in the Americas II Contract versus Discretionary Regulation 7. The Evolution of Concession Contracts: Municipal Franchises in North America 8. The Rediscovery of Private Contracts: U.S. Railroad and Airline Deregulation 9. Price-Cap Regulation: The British Water Industry III Vertical Unbundling and Regulation 10. The Trade-off in Unbundling: Competition versus Coordination 11. Regulating Coordination: British Railroads 12. Designing Capacity Markets: Electricity in Argentina 13. The Prospects for Unbundling 14. The Future of Regulation Notes Index

About the Author :
Jose A. Gomez-Ibanez is Derek C. Bok Professor of Urban Planning and Public Policy, Graduate School of Design and Kennedy School of Government, Harvard University.

Review :
Gomez-Ibanez uses a rich set of case studies to analyse how and why...different institutional designs are chosen and reformed. The author's range is exceptionally wide: Sri Lanka, the U.S., Britain and Argentina; he tackles telecommunications, railroads, airlines, electricity, buses and water; and spans time periods from the 1950s to today. The result is a remarkable array of examples, information and analyses. In explaining institutional design, he offers a series of fascinating arguments using opportunism and transaction-cost analysis as a starting point rather than as a constraining simplifying theme. -- Mark Thatcher Times Higher Education Supplement 20040611


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Product Details
  • ISBN-13: 9780674037809
  • Publisher: Harvard University Press
  • Publisher Imprint: Harvard University Press
  • Edition: Digital original
  • No of Pages: 448
  • ISBN-10: 0674037804
  • Publisher Date: 01 Jul 2009
  • Binding: Digital (delivered electronically)
  • Language: English
  • Sub Title: Monopoly, Contracts, and Discretion


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