Optimal Regulation: The Economic Theory of Natural Monopoly Book + PRICE WATCH * Amazon pricing is not included in price watch

Optimal Regulation: The Economic Theory of Natural Monopoly Book

"A synthesis of twenty years of theory on the regulation of natural monopoly presented with exceptional clarity." -- Elizabeth E. Bailey, The Wharton School of the University of Pennsylvania Optimal Regulation addresses the central issue of regulatory economics--how to regulate firms in a way that induces them to produce and price "optimally." It synthesis an extensive theoretical literature on what constitutes optimality in various situations and what regulatory mechanisms can be used to achieve it. It is the first text to provide a unified, modern, and nontechnical treatment of this complex field. The book describes incentive mechanisms and rate designs for promoting optimality, and presents all of the material graphically, with clear explanations of often highly technical topics.Read More

from£N/A | RRP: £50.95
* Excludes Voucher Code Discount Also available Used from £N/A
  • 0262200848
  • 9780262200844
  • K.E Train
  • 30 September 1991
  • MIT Press
  • Hardcover (Book)
  • 338
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