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Author : Robert W. Poole
Publisher : Free Press
Page : 248 pages
File Size : 45,7 Mb
Release : 1985
Category : Business & Economics
ISBN : UCAL:B4266054
Author : Robert W. Poole
Publisher : Free Press
Page : 248 pages
File Size : 51,5 Mb
Release : 1985
Category : Business & Economics
ISBN : STANFORD:36105037843435
Author : Richard A. Posner
Publisher : Unknown
Page : 132 pages
File Size : 55,5 Mb
Release : 1999
Category : Business & Economics
ISBN : 1882577817
Natural monopolies exist in those markets in which demand can be satisfied at lowest cost by the output of only one rather than several competing firms. Under such conditions, conventional wisdom suggests that government regulation must substitute for competition to discipline the behavior of firms.
Author : Lester O. Bumas
Publisher : Routledge
Page : 556 pages
File Size : 46,5 Mb
Release : 2015-03-04
Category : Business & Economics
ISBN : 9781317467663
This is the first intermediate microeconomics textbook to offer both a theoretical and real-world grounding in the subject. Relying on simple algebraic equations, and developed over years of classroom testing, it covers factually oriented models in addition to the neoclassical paradigm, and goes beyond theoretical analysis to consider practical realities.
Author : Wang Junhao
Publisher : Routledge
Page : 197 pages
File Size : 48,6 Mb
Release : 2021-07-06
Category : Business & Economics
ISBN : 9781000404845
Regulation is a public policy approach closely related to calculations of the equilibrium of supply and demand and to cost-benefit analyses. Governments combine a variety of incentives and restrictions on behavior, including laws and regulations, in order to guide enterprises and smaller entities within the economy toward pursuing policies in the public interest. This book offers an in-depth and systematic review of the economic theory of regulation, with particular emphasis on the Chinese context. The basic concepts cover economic and social regulation, regulatory process, regulation under asymmetric information, and capture theory. Drawing on a broad range of cases from across the telecommunications, electric power, and water sectors since the founding of the People’s Republic of China in 1949, the author explores economic regulation in China with reference to natural monopoly, investment, price level and price structure, entry, and competition. In addition, he discusses theories of externalities and asymmetric information, which are analyzed in the light of China’s environmental and product quality regulation. The author argues that the Chinese government has deregulated its economy to a large extent in the past and proposes that the Chinese government will enforce more social regulation in the future. Students and scholars of government regulation, economics, and industrial organization will find this volume to be an essential guide.
Author : Peter Robinson,Marcus Rubin
Publisher : Institute for Public Policy Research
Page : 80 pages
File Size : 53,7 Mb
Release : 1999
Category : Business & Economics
ISBN : 1860301053
Author : Richard Schmalensee
Publisher : Free Press
Page : 200 pages
File Size : 41,7 Mb
Release : 1979
Category : Business & Economics
ISBN : UOM:39015008532247
Author : Jane Summerton
Publisher : CRC Press
Page : 360 pages
File Size : 43,6 Mb
Release : 2021-12-13
Category : Science
ISBN : 9780429703409
This international anthology presents case studies of historical and contemporary transformations of large technical systems such as railways, telecommunications, electricity, and automobiles. The authors, working at the forefront of historical and social science research on the dynamics of large technical systems, analyze how and why these systems undergo change. Because of their important roles in contemporary society, large technical systems such as railways, airlines, road systems, telecommunications, and electric power network share drawing considerable academic and political interest. In this collaborative study on processes of change in large technical systems, the contributing authors present historical and current case studies of transformation within these systems. Working at the forefront of historical and social science research on the dynamics of large technical systems, the authors specifically analyze how and why the systems undergo change. In some cases, new technologies are solving old problems and presenting opportunities for system growth. In other areas, new regulatory approaches have brought competition and deregulation, often posing challenges to system builders. The authors also show how the breakup of national boundaries and new corporate strategies for global management of technology are transforming systems in ways that will have significant impacts on all consumers
Author : Max Rashbrooke
Publisher : Bridget Williams Books
Page : 352 pages
File Size : 46,5 Mb
Release : 2018-09-26
Category : Political Science
ISBN : 9781988545059
In a time of global political ferment, established ideas are coming under renewed scrutiny. Chief among them is one of the dominant notions of our era: that we should entrust markets with many of the tasks previously carried out by government. In this wide-ranging book, Max Rashbrooke goes beyond anecdote and partisanship, delving deep into the latest research about the sweeping changes made to the public services that shape our collective lives. What he unearths is startling: it challenges established thinking on the effectiveness of market-based reforms and charts a new form of ‘deep’ democracy for the twenty-first century. Refreshing and far-sighted, this stimulating book offers New Zealanders a new way of thinking about government and how it can navigate the turbulent world ahead. The market is often not the solution to our problems. Markets have often been the problem. Max Rashbrooke makes the convincing case for models of government that work better, as well as those to be more wary of. Greater democracy can bring with it greater equality - but, Rashbrooke warns, democracy itself is imperilled by our current levels of inequality. Fast paced, globally informed and wittily written. – Professor Danny Dorling, Oxford University This book provides a wide range of excellent evidence-based arguments that help counter the oft-dominant small-government ideology of our times. Its defence of democracy, government and voter competence is a story that needs to be told more. – Laura O'Connell Rapira, Director of ActionStation
Author : Richard Hooper
Publisher : Institute for Public Policy Research
Page : 72 pages
File Size : 54,9 Mb
Release : 1991
Category : Business & Economics
ISBN : 1872452191
Author : Daniel H. Cole,Peter Grossman
Publisher : Routledge
Page : 243 pages
File Size : 47,5 Mb
Release : 2003-07-17
Category : Business & Economics
ISBN : 9781135697013
This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.
Author : Jorge Marcos Ramos
Publisher : Kluwer Law International B.V.
Page : 524 pages
File Size : 53,6 Mb
Release : 2020-02-20
Category : Law
ISBN : 9789403520001
How does it come about that a certain firm dominates a market? Can an understanding of this process lead to a more effective enforcement of competition law? That is the question approached in this compelling book. The author reviews the European Union’s (EU’s) Article 102 case law, comparing it with United States (US) provisions, demonstrating that new ways of looking at market power are needed – today’s tech giants differ from older monopolies. He clarifies the role of dominant firms in the competitive process, proposing that conduct should be scrutinized differently depending on the source of market power, rather than using the same approach for all dominant undertakings. Supporting his contention that the legal consequences that derive from holding a dominant position cannot be disassociated from the sources of that market power—that a dynamic understanding of dominance requires looking both forwards and backwards in time—the author examines such sources of dominance as the following: ‒ statutory dominance derived from explicit protectionist measures or subtler geoeconomic strategies; ‒ legacy firms such as the telecommunications or transport industries; ‒ natural monopolies, e.g., the exploitation of a mine; ‒ investment efforts undertaken in a competitive environment; ‒ intangible resources such as timing, reputation, experience, innovation capabilities, or managerial processes; ‒ lucky monopolies; and ‒ anticompetitive behavior on the road to dominance. Drawing insights from EU and US case law, industrial organization scholarship, and strategic management literature, the book resolves questions related to the role that the origins of market power have played and should play in the enforcement of EU competition rules against dominant firms. It concludes with a list of policy recommendations bringing the application of Article 102 TFEU against dominant firms more in line with the objective of protecting the competitive process. With its focus on how EU competition law enforcement should be fine-tuned to adequately incorporate the origins of firm dominance into the analysis of single-firm behavior, the book makes a major contribution to the analysis of anticompetitive effects. Practitioners, competition authorities, and academics in competition law will greatly appreciate the book’s combination of legal analysis and recommendations for policy reform.
Author : Douglas Adie
Publisher : Routledge
Page : 210 pages
File Size : 48,8 Mb
Release : 2017-09-29
Category : Business & Economics
ISBN : 9781351504812
First class postage rates have risen from six cents in 1971 to 25 cents in 1988. This rapid increase might be justifiable if service had improved commen-surately, but in fact postal service has steadily deteriorated. The Postal Service concedes that it takes ten percent longer to deliver a first class letter than it did in the 1960s, and one recent postmaster general admits that delivery may have been more reliable in the 1920s. In this volume, Adie reviews the failures of the U.S. Postal Service - an inability to innovate, soaring labor costs, huge deficits, chronic inefficiency, and declining service standards. He blames most of these problems on the postal service's monopoly status. Competition produces efficiency and innovation; monopoly breeds inefficiency, high costs and stagnation. He also examines the experiences of other countries and other industries that may be valuable in prescribing reform for the postal service. The breakup of AT&T provides lessons that may be applied to postal reform. The long-run effects of deregulation on the airline industry are also examined. Since the postal service has serious union problems, Adie looks at the air traffic controllers' strike and other evidence on pay and labor relations in government unions. Finally, Adie examines the experiences of Canada and Great Britain with privatization of government companies. He then offers a comprehensive - and controversial - reform plan for the U.S. Postal Service, with no further monopoly privileges or taxpayer subsidies. He argues that private companies should be free to compete with the Postal Service, and it, in turn, should be free to compete in all phases of the communications business. Without privatization and deregulation, the Postal Service is doomed to continuing inefficiency, rising costs, worsening labor relations, and an increasing loss of customers to more innovative and efficient service providers. Competition would give the Postal Service a chance to enter the 21st ce
Author : Subhash C. Ray,Robert G. Chambers,Subal C. Kumbhakar
Publisher : Springer Nature
Page : 1797 pages
File Size : 47,7 Mb
Release : 2022-06-02
Category : Business & Economics
ISBN : 9789811034558
This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.
Author : Manuela Mosca
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 48,7 Mb
Release : 2018-07-27
Category : Business & Economics
ISBN : 9781781003718
The innovative contributions of the Italian Marginalists - Pareto, Pantaleoni, De Viti de Marco and Barone, to economic theory have previously been overlooked. This is the first book to deal with the history of the theory of market power and of its relation with competition, focusing on the distinct intellectual tradition that is Italian Marginalist economic thought. Monopoly Power and Competition is a vital resource for historians of economic thought, as it explores a relatively untouched area of microeconomics that sheds light on the theories surrounding monopoly power and barriers to entry.