Why Johnny Can’t Regulate : The Case of Natural Monopoly

This paper examines the difficulties inherent in regulation as a solution to market failure and, especially, to natural monopoly. It highlights the way regulation itself introduces new risks into the supply of natural monopoly services, including the risk of regulatory opportunism, and argues that delegating regulatory functions to ‘independent' regulators does not in itself solve those risks

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Year of publication:	2013
Authors:	Ergas, Henry
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Natürliches Monopol \| Natural monopoly \| Regulierung \| Regulation \| Theorie \| Theory

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Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Agenda, Volume 20, Number 1, 2013 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 18, 2013 erstellt
Classification:	G18 - Government Policy and Regulation ; K20 - Regulation and Business Law. General ; L10 - Market Structure, Firm Strategy, and Market Performance. General ; L51 - Economics of Regulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013077466