Competition and the Regulation of Utilities is popular PDF and ePub book, written by Michael A. Crew in 2012-12-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Competition and the Regulation of Utilities can be Read Online from any device for your convenience.
Competition and the Regulation of Utilities Book PDF Summary
companies to diversify may outweigh the costs of doing so, and that some traditional regulatory concerns may be excessively restrictive. The papers by Hillman, Harris, and Jang and Norsworthy, while all relating to individual industries, have lessons for other regulated industries. Hillman's paper, "Oil Pipeline Rates: A Case for Yardstick Regulation," deals with the important topic of yardstick regulation for oil pipelines. While his application is highly specific, the potential application of yardstick regulation goes beyond oil pipelines. He reviews the evolution in the law regulating oil pipelines. While showing that some progress has been made in introducing economic efficiency considerations into regulation, he provides a careful critique of the operation of existing regulation and suggests an alternative based upon a yardstick approach. His approach seeks to use competitive market prices as the yardstick, with administration of price discrimination limited to dealing with possible "favoritism" to subsidiaries and affiliates. "Telecommunications Services as a Strategic Industry: Implications for United States Public Policy" by Harris and "Productivity Growth and Technical Change in the United States Telecommunications Equipment Manufacturing Industries" by Jang and Norsworthy provide important insights for telecommunications.
Detail Book of Competition and the Regulation of Utilities PDF
- Author : Michael A. Crew
- Release : 06 December 2012
- Publisher : Springer Science & Business Media
- ISBN : 9781461540489
- Genre : Business & Economics
- Total Page : 217 pages
- Language : English
- PDF File Size : 21,7 Mb
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