The Resource Privatization, Restructuring and Regulation of Network Utilities
Privatization, Restructuring and Regulation of Network Utilities
Resource Information
The item Privatization, Restructuring and Regulation of Network Utilities represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Missouri University of Science & Technology Library.This item is available to borrow from 1 library branch.
Resource Information
The item Privatization, Restructuring and Regulation of Network Utilities represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Missouri University of Science & Technology Library.
This item is available to borrow from 1 library branch.
- Summary
- Network utilities, such as electricity, telephones, and gas, are public utilities that require a fixed network to deliver their services. Because consumers have no choice of network, they risk exploitation by network owners. Once invested, however, a network's capital is sunk, and the bargaining advantage shifts from investor to consumer. The investor, fearing expropriation, may be reluctant to invest. The tension between consumer and investor can be side-stepped by state ownership. Alternatively, private ownership and consumers' political power can be reconciled through regulation. Either way, network utilities operate under terms set by the state. David Newbery argues that price-setting rules comprise only part of the policy agenda. Network utilities pose special problems of ownership and regulation. He discusses the history of ownership and regulation, privatization, and theories of regulation. Examining three network utilities in detail--telecoms, electricity, and gas--he contrasts the regulatory approaches of Britain and the United States. He also looks at liberalization in a variety of other countries. History shows that the mature forms of regulatory institutions are emarkably similar under both public and private ownership. This raises obvious questions such as: Will the forces that caused convergence to regulated vertical integration in the past reassert themselves? Can the benefits of competition be protected against the pressure to reintegrate? Will different utilities differ in their form and structure? A full understanding of the forces shaping regulatory institutions is necessary to answer these important questions
- Language
- eng
- Extent
- 1 online resource (479 pages)
- Contents
-
- Preface; Abbreviation and Units; Privatization, Restructuring, and Regulation of Network Utilities; Introduction; The Problem of Regulatory Commitment; Ownership of Network Utilities; Theories of Regulation; Introducing Competition into Network Utilities; Reforming the Electricity Supply Industry; Liberalizing the Telecommunications Industry; Deregulation and Restructuring in Gas; Conclusions; Notes; References; Index
- Isbn
- 9780262280587
- Label
- Privatization, Restructuring and Regulation of Network Utilities
- Title
- Privatization, Restructuring and Regulation of Network Utilities
- Language
- eng
- Summary
- Network utilities, such as electricity, telephones, and gas, are public utilities that require a fixed network to deliver their services. Because consumers have no choice of network, they risk exploitation by network owners. Once invested, however, a network's capital is sunk, and the bargaining advantage shifts from investor to consumer. The investor, fearing expropriation, may be reluctant to invest. The tension between consumer and investor can be side-stepped by state ownership. Alternatively, private ownership and consumers' political power can be reconciled through regulation. Either way, network utilities operate under terms set by the state. David Newbery argues that price-setting rules comprise only part of the policy agenda. Network utilities pose special problems of ownership and regulation. He discusses the history of ownership and regulation, privatization, and theories of regulation. Examining three network utilities in detail--telecoms, electricity, and gas--he contrasts the regulatory approaches of Britain and the United States. He also looks at liberalization in a variety of other countries. History shows that the mature forms of regulatory institutions are emarkably similar under both public and private ownership. This raises obvious questions such as: Will the forces that caused convergence to regulated vertical integration in the past reassert themselves? Can the benefits of competition be protected against the pressure to reintegrate? Will different utilities differ in their form and structure? A full understanding of the forces shaping regulatory institutions is necessary to answer these important questions
- Cataloging source
- EBLCP
- http://library.link/vocab/creatorName
- Newbery, David M
- Dewey number
- 363.6
- Index
- no index present
- Language note
- English
- LC call number
- HD2763 -- N45 1999eb
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Series statement
- The Walras-Pareto lectures
- Series volume
- 2
- http://library.link/vocab/subjectName
-
- Public utilities
- Privatization
- Public utilities
- Privatization
- Public utilities
- Public utilities
- Label
- Privatization, Restructuring and Regulation of Network Utilities
- Bibliography note
- Includes bibliographical references (p. [439]-452) and index
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Preface; Abbreviation and Units; Privatization, Restructuring, and Regulation of Network Utilities; Introduction; The Problem of Regulatory Commitment; Ownership of Network Utilities; Theories of Regulation; Introducing Competition into Network Utilities; Reforming the Electricity Supply Industry; Liberalizing the Telecommunications Industry; Deregulation and Restructuring in Gas; Conclusions; Notes; References; Index
- Control code
- 939263558
- Dimensions
- unknown
- Extent
- 1 online resource (479 pages)
- Form of item
- online
- Isbn
- 9780262280587
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- http://library.link/vocab/ext/overdrive/overdriveId
-
- 5579
- 9780262280587
- Specific material designation
- remote
- System control number
- (OCoLC)939263558
- Label
- Privatization, Restructuring and Regulation of Network Utilities
- Bibliography note
- Includes bibliographical references (p. [439]-452) and index
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
- Preface; Abbreviation and Units; Privatization, Restructuring, and Regulation of Network Utilities; Introduction; The Problem of Regulatory Commitment; Ownership of Network Utilities; Theories of Regulation; Introducing Competition into Network Utilities; Reforming the Electricity Supply Industry; Liberalizing the Telecommunications Industry; Deregulation and Restructuring in Gas; Conclusions; Notes; References; Index
- Control code
- 939263558
- Dimensions
- unknown
- Extent
- 1 online resource (479 pages)
- Form of item
- online
- Isbn
- 9780262280587
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- http://library.link/vocab/ext/overdrive/overdriveId
-
- 5579
- 9780262280587
- Specific material designation
- remote
- System control number
- (OCoLC)939263558
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.mst.edu/portal/Privatization-Restructuring-and-Regulation-of/1v9Hiq1_OKU/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.mst.edu/portal/Privatization-Restructuring-and-Regulation-of/1v9Hiq1_OKU/">Privatization, Restructuring and Regulation of Network Utilities</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.mst.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.mst.edu/">Missouri University of Science & Technology Library</a></span></span></span></span></div>