electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during …

IV explores the implications of the analysis for a variety of issues relating to monopoly and public regulation, such as …, suffer a loss, that is not offset by gains to the monopolist. This is the "deadweight loss" from monopoly, and in … conventional analysis the only social cost of monopoly. The loss suffered by those who continue to buy the product at the higher …

heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for …This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and … regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under …

-established regulator faces a privately owned monopoly. It is sometimes forgotten that this model does not apply in many places where a … 20 years, analyzing its impact on consumers' welfare, the monopoly's profitability and its productivity. Though the …

The U.S. regulation of high-voltage transmission is highly complex and, as a result, generally poorly understood. The … are not synchronized with the larger regional grid. We summarize this complex structure of transmission regulation in the …