Spiller, Pablo T.; Vogelsang, Ingo - In: Journal of Institutional and Theoretical Economics (JITE) 153 (1997) 4, pp. 607-607
This paper tries to solve the following puzzle. Given that UK governments have, in principle, so much administrative discretion, how were the Conservative governments of the 1980s able to privatize the telecommunications, electricity, water, gas, and airport sectors so prone for administrative...