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The End of a Natural Monopoly

Deregulation and Competition in the Electric Power Industry

Edited by Daniel H. Cole, Peter Grossman

Published July 17th 2003 by Routledge – 256 pages

Series: The Economics of Legal Relationships

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Description

This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.

Contents

Introduction P.Z. Grossman and D.H. Cole 1. Is anything naturally a monopoly? P.Z. Grossman 2. The origins and development of electric power regulation R.L. Bradley, Jr 3. The "Regulatory Contract" D.H. Cole 4. The Zenith of the natural monopoly system P.Z. Grossman 5. Whither natural monopoly? J.P. Tomain 6. Universal service in competitive retail electric markets J. Rossi 7. Stranded benefits vs. stranded costs in utility deregulation R.W. Cearley and D.H. Cole 8. Why the music is off-key when lawyers sing from economists' songbooks or why public utility deregulation will fail A.P. Morriss 9. Does the end of a natural monopoly mean deregulation? P.Z. Grossman

Name: The End of a Natural Monopoly: Deregulation and Competition in the Electric Power Industry (Hardback) – Routledge 
Description: Edited by Daniel H. Cole, Peter Grossman. This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation...
Categories: Microeconomics, Industrial Economics, Commercial Law