Description

Economic Regulation Cases and Materials Richard J. Pierce, Jr. ISBN 9780870842757

The opening three chapters address core subjects that have traditionally anchored courses in economic regulation, including how well-functioning markets operate, the causes and consequences of common types of market failure, and the recurring challenges involved in applying conventional cost-of-service regulation.

Chapter Four examines the origins of regulatory failure across a range of settings, identifying both the causes and symptoms of poor performance in industries that were historically governed by cost-of-service frameworks. Chapter Five provides a detailed analysis of the regulatory approaches that now dominate key network industries such as telecommunications, natural gas, and electricity. The final chapter introduces efforts to align and integrate economic regulation with environmental regulation, highlighting the tensions and possibilities that arise when these two regulatory regimes intersect.

Economic Regulation Cases and Materials Richard J. Pierce, Jr. ISBN 9780870842757, 978-0870842757 & 9780327180074

Author
Richard J. Pierce, Jr.