The End of a Natural Monopoly

Deregulation and Competition in the Electric Power Industry

Edited by Daniel H. Cole, Peter Grossman

© 2003 – Routledge

256 pages

Purchasing Options:
Paperback: 9781138011281
pub: 2014-09-11
US Dollars$54.95
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Hardback: 9780762309955
pub: 2003-07-16
US Dollars$180.00
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About the Book

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.

Table of 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

About the Series

The Economics of Legal Relationships

Routledge are proud to be the publishers of the prestigious series The Economics of Legal Relationships, which is sponsored by Michigan State University College of Law, and which continues to be edited by Professors Nicholas Mercuro and Michael D. Kaplowitz of Michigan State University College of Law, USA. This series, with a fine back catalogue of books, is dedicated to publishing original scholarly contributions that systematically analyze legal-economic issues.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General