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The Economics of Regulation: Principles and Institutions
Average Rating: 3.0
Price: $42.04
Author: Alfred E. Kahn
Manufacturer: The MIT Press
As Chairman of the Civil Aeronautics Board in the late 1970s, Alfred E. Kahn presided over the deregulation of the airlines and his book, published earlier in that decade, presented the first comprehensive integration of the economic theory and institutional practice of economic regulation. In his lengthy new introduction to this edition Kahn surveys and analyzes the deregulation revolution that has not only swept the airlines but has transformed American public utilities and private industries generally over the past seventeen years. While attitudes toward regulation have changed several times in the intervening years and government regulation has waxed and waned, the question of whether to regulate more or to regulate less is a topic of constant debate, one that The Economics of Regulation addresses incisively. It clearly remains the standard work in the field, a starting point and reference tool for anyone working in regulation. Kahn points out that while dramatic changes have come about in the structurally competitive industries - the airlines, trucking, stock exchange brokerage services, railroads, buses, cable television, oil and natural gas - the consensus about the desirability and necessity for regulated monopoly in public utilities has likewise been dissolving, under the burdens of inflation, fuel crises, and the traumatic experience with nuclear plants. Kahn reviews and assesses the changes in both areas: he is particularly frank in his appraisal of the effect of deregulation on the airlines. His conclusion today mirrors that of his original, seminal work - that different industries need different mixes of institutional arrangements that cannot be decided on the basis of ideology. Alfred E. Kahn is Robert Julius Thorne Professor of Political Economy at Cornell University and Special Consultant to National Economic Research Associates.
Cyberlaw and E-Commerce Regulation: An Entrepreneurial Approach
Average Rating: 3.5
Price: $189.95
Author: Sean P. Melvin
Manufacturer: South-Western College/West
The Cyberlaw course is taken primarily by business majors, but there are also programs that cater to computer science or MIS majors.
Gazette Officielle Du Quebec Part 2 Laws and Regulations - E
Price: $498.83
Manufacturer: Les Publications Du Quebec
Economics of Regulation and Antitrust, 4th Edition
Average Rating: 3.0
Price: $64.29
Author: W. Kip Viscusi
Manufacturer: The MIT Press
This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions.
The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.
The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.
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.
Optimal Regulation: The Economic Theory of Natural Monopoly
Average Rating: 4.0
Price: $54.66
Author: Kenneth E. Train
Manufacturer: The MIT Press
"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