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Privatization, Regulation and Deregulation - Michael Beesley

Privatization, Regulation and Deregulation

Hardcover Published: 10th July 1997
ISBN: 9780415164528
Number Of Pages: 512

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In this second edition ofIPrivatization, Regulation and Deregulation,the author has updated and augmented the original material to take account of developments over the last 5 years. This volume includes ten completely new chapters, replacing papers which have been overtaken by further work or cover the same ground, all with the added advantage of hindsight. With coverage of the critical period from 1981 to the present, the book provides a unique insight into the privatization and regulatory procedure. In addition, the work presents a significant contribution to the basic economic arguments underlying these reforms. As such, it will be a valuable guide to both students and practitioners involved in privatization and regulation.

List of figures
List of tables
General note
Introduction and postscriptp. 1
Privatization: principles, problems and prioritiesp. 26
Privatization: reflections on UK experiencep. 43
The regulation of privatized monopolies in the United Kingdomp. 58
Mergers and water regulationp. 84
The required rate of return/cost of capitalp. 93
The DGWS in operationp. 99
Competition and supply in London taxisp. 109
Information for regulating: the case of taxisp. 142
Bus deregulationp. 168
Collusion, predation and merger in the UK bus industryp. 180
Commitment, sunk costs, and entry to the airline industry: reflections on experiencep. 197
UK experience with freight and passenger regulationp. 216
Liberalization of the use of British Telecommunications' networkp. 251
The British Telecom/Mercury interconnect determination: an exposition and commentaryp. 300
The liberalization of telephone services in the UKp. 328
Price regulation and competitionp. 354
The conditions for effective utility regulationp. 368
RPI - X principles and their application to gasp. 393
Mergers and economic welfarep. 407
Abuse of monopoly powerp. 414
Media concentration and diversityp. 429
Schumpeter and UK pharmaceuticalsp. 452
Name indexp. 489
Subject indexp. 491
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780415164528
ISBN-10: 0415164524
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 512
Published: 10th July 1997
Country of Publication: GB
Dimensions (cm): 23.57 x 16.15  x 4.14
Weight (kg): 0.88
Edition Number: 2