Overview

"""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 findings of an extensive theoretical literature on what constitutes optimality in various situations and which regulatory mechanisms can be used to achieve it. It aims to provide a unified and nontechnical treatment of the field. The book includes models for regulating optimal output, tariffs, and surplus subsidy schemes, and aims to present all of the material graphically, with clear explanations of often highly technical topics."

Full Product Details

9780262200844

Table of Contents

Reviews

"""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"

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

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

Author Information

Kenneth E. Train is Associate Adjunct Professor in the Department of Economics and Graduate School of Public Policy at the University of California, Berkeley. He is also Principal of the firm Cambridge Systematics.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available