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Economic Regulation : Cases and Materials

Economic Regulation : Cases and Materials - 94 edition

ISBN13: 978-0870842757

Cover of Economic Regulation : Cases and Materials 94 (ISBN 978-0870842757)
ISBN13: 978-0870842757
ISBN10: 0870842757
Cover type:
Edition/Copyright: 94
Publisher: Anderson Publishing Co.
Published: 1994
International: No

List price: $73.00

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Economic Regulation : Cases and Materials - 94 edition

ISBN13: 978-0870842757

Richard J. Pierce

ISBN13: 978-0870842757
ISBN10: 0870842757
Cover type:
Edition/Copyright: 94
Publisher: Anderson Publishing Co.

Published: 1994
International: No

Author Bio

Pierce, Richard J. Jr. :

Paul Kellner Professor of Law, Columbia University School of Law



Table of Contents

Chapter I: The Market

A. Demand
B. Supply
C. Competitive Equilibrium


Chapter II: Market Failure and Regulatory Intervention

A. Natural Monopoly
B. Destructive Competition
C. The Tragedy of the Commons and Externalities
D. Information Problems
E. Third Party Decisionmakers and Third Party Payments
F. Redistribution of Wealth
G. Windfall Profits


Chapter III: Basics of Regulation

A. Traditional Formula for Calculating Allowed Revenues
B. Rate Base and Rate of Return
C. Rate Design
D. Non-Price Regulatory Controls


Chapter IV: Regulatory Failure

A. Price Controls in a Structurally Competitive Market
B. X-Inefficiency
C. Jurisdictional Conflicts
D. Structural Inefficiency


Chapter V: Innovative Responses to Regulatory Failure

A. Deregulation
B. Breaking Up a Monopoly
C. Equal Access to Bottleneck Facilities and Unbundling
D. Competitive Contracting
E. Competition at the Retail Level
F. Incentive Regulation
G. Changing Technology
H. Transition Costs


Chapter VI: Merging Economic Regulation and Environmental Regulation

A. Contingent Valuation
B. Conservation
C. Environmental Adders

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