Visit our Christmas Gift Finder
Regulating Infrastructure: Monopoly, Contracts, and Discretion (Paperback)
  • Regulating Infrastructure: Monopoly, Contracts, and Discretion (Paperback)
zoom

Regulating Infrastructure: Monopoly, Contracts, and Discretion (Paperback)

(author)
£28.95
Paperback 448 Pages / Published: 01/09/2006
  • In stock online
  • Free UK delivery

Usually dispatched within 24 hours

  • This item has been added to your basket
Your local Waterstones may have stock of this item. Please check by using Click & Collect
In the 1980s and '90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways--with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the collapse of California's wholesale electricity market and the bankruptcy of Britain's largest railroad company have raised troubling questions about privatization. This book addresses one of the most vexing of these: how can government fairly and effectively regulate "natural monopolies"--those infrastructure and utility services whose technologies make competition impractical? Rather than sticking to economics, Jose Gomez-Ibanez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.

Publisher: Harvard University Press
ISBN: 9780674022386
Number of pages: 448
Weight: 646 g
Dimensions: 227 x 146 x 25 mm

You may also be interested in...

The Shape of a Pocket
Added to basket
Bad Samaritans
Added to basket
£9.99
Paperback
The Corrosion of Character
Added to basket
Earthly Necessities
Added to basket
The Enigma of Capital
Added to basket
Capitalism: A Very Short Introduction
Added to basket
The Roaring Nineties
Added to basket
The Road to Serfdom
Added to basket
£15.99
Paperback
The Racket
Added to basket
£9.99
Paperback
The Globalization Paradox
Added to basket
Respect Yourself
Added to basket
£9.99
Paperback
Them And Us
Added to basket
£10.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.