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This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...
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The reform of the UK utilities over the last fifteen years has laid considerable emphasis on the incentive properties both of private ownership and the regulation of the privatized industries which has followed. This paper reviews the arguments for such policy, and describes the use of...
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Price controls -- typically reviewed every five years in the United Kingdom -- have been controversial. The author … traces the development of U.K. price controls and explains that the initial controls for electricity and water companies …. Although the utilities are still unpopular in the United Kingdom, most experts would be willing to defend the periodic price …
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This book offers new insights into the theory and practice of economic airport regulation. In light of recent developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on various aspects of economic regulation of city and regional...
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