Regulating Infrastructure : : Monopoly, Contracts, and Discretion / / José A. Gómez-Ibáñez.

In the 1980s and ’90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways—with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the collaps...

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Place / Publishing House:Cambridge, MA : : Harvard University Press, , [2009]
©2006
Year of Publication:2009
Language:English
Online Access:
Physical Description:1 online resource (448 p.)
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Table of Contents:
  • Frontmatter
  • Contents
  • Acknowledgments
  • 1 Monopoly as a Contracting Problem
  • 2 The Choice of Regulatory Strategy
  • I Regulatory Politics and Dynamics
  • 3 The Behavior of Regulatory Agencies
  • 4 Capture and Instability: Sri Lanka’s Buses and U.S. Telephones
  • 5 Incompleteness and Its Consequences: Argentina’s Railroads
  • 6 Forestalling Expropriation: Electricity in the Americas
  • II Contract versus Discretionary Regulation
  • 7 The Evolution of Concession Contracts: Municipal Franchises in North America
  • 8 The Rediscovery of Private Contracts: U.S. Railroad and Airline Deregulation with John R. Meyer
  • 9 Price-Cap Regulation: The British Water Industry
  • III Vertical Unbundling and Regulation
  • 10 The Trade-off in Unbundling: Competition versus Coordination
  • 11 Regulating Coordination: British Railroads
  • 12 Designing Capacity Markets: Electricity in Argentina with Martín Rodríguez-Pardina
  • 13 The Prospects for Unbundling
  • 14 The Future of Regulation
  • Notes
  • Index