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 synthesizes the major findings of an extensive theoretical literature on what constitutes
Monopolies: Theory, Effectiveness and Regulation
✍ Scribed by Robert W. Karlsen, Robert W. Karlsen, Michael A. Pettyfer
- Publisher
- Nova Science Publishers, Inc.
- Year
- 2011
- Tongue
- English
- Leaves
- 151
- Series
- Business Issues, Competition and Entrepreneurship
- Category
- Library
No coin nor oath required. For personal study only.
✦ Synopsis
Monopolies or market power are usually considered to be an economic threat to markets and consumers. This book examines the theory, effectiveness and regulation of monopolies across the globe. The authors present topical research on monopolies, including the natural monopoly and third party access of the Swedish district heating market; the causes of market power; and, collusion and regulation in an electricity spot market and a study of the stability and efficiency of vertical collaboration networks from a microeconomic viewpoint.
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