000 01338nam a2200169Ia 4500
005 20260225134115.0
008 260225s9999 xx 000 0 und d
020 _a9783631371312
082 _a338.82
_bHOL
100 _aHolzleitner, Christian
245 0 _aRecipes for Monopoly Regulation /
_cHolzleitner, Christian
260 _bPeter Lang Pub Incorporated,
_c2000
300 _a97 pages
520 _aThis monograph was the winner of the Nestlé Prize 2000 for the best Austrian PhD-Thesis in the Social Sciences. As it is not possible to introduce competition into every single market, there will still remain monopolies - like in the telecom or energy sector - which have to be put under public regulation. This book offers a look into the latest developments in regulatory practice and theory. What shall a regulator do when she wants to give incentives for cost minimization to the regulated firm and at the same time efficient prices to the consumers? After a comparison of different «real world» regulatory regimes, a simple theoretical model is used to assess the «real world» approaches and design optimal policies. The theoretical «recipes» are presented in a way which should be accessible to advanced students and «real world» regulators.
650 _aBusiness & Economics
942 _cENGLISH
999 _c615507
_d615507