By W. Kip Viscusi
This re-creation of "Economics of rules and Antitrust" maintains to put fiscal reasoning initially in examining regulatory and antitrust concerns. It introduces the sphere by means of stressing the industrial conception and empirical research that gives the explanation for presidency intervention available in the market. the focal point on fiscal rules, even if, doesn't exclude remedy of institutional points of rules and antitrust coverage, that are explored in large case reports on mergers, cable tv, and transportation legislation, between different themes. Following introductory chapters, the textual content is split into 3 components: antitrust coverage, financial legislation and social rules. each one half can be utilized individually for various classes. Questions and difficulties seem on the finish of just about each bankruptcy. New issues, reminiscent of legislation of environmental tobacco smoke, were extra to the second one variation, and different subject matters, corresponding to pharmaceutical legislation and the recent price battle in electrical strength, were given solely new remedies to mirror the altering emphases of presidency coverage. The chapters at the airline, cable tv, and telecommunications industries were up to date, and reviews assessing the effect of airline deregulation on industry focus, air fares and airline protection were revised. There are broad experiences of significant regulatory alterations relating to cable tv premiums. And sections were additional to hide such significant regulatory matters as telecommunication and the electronic convergence of communications, desktops and leisure and their effect on either conventional and instant neighborhood cell, lengthy distance cell and cable tv.
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It is reviewed in Chapter 14, along with a comparative analysis of government ownership and regulation with respect to electric utilities. Then, in Chapter 15, some dynamic issues related to monopoly regulation are explored in the context of the rapidly changing long distance telecommunications market. Page xxv The regulation of markets that are potentially competitive receives in-depth treatment in the remaining three chapters of Part II. A theoretical investigation of the effects of regulation is provided in Chapter 16.
Acknowledgments We would like to thank Terry Vaughn at MIT Press for his enthusiastic support, advice, and motivational comments. Each of the authors has profited from the word processing and editorial input at his institution. At Duke University, we would like to thank Tracy Kuczak and Kris McGee. At Johns Hopkins, we would like to thank Donna Althoff and Joanna Wescott (for trying to get a ^ above a p). A number of individuals have provided comments on parts of the manuscript or advice along the way.
Title : Economics of Regulation and Antitrust author : Viscusi, W. ; Vernon, John Mitcham; Harrington, Joseph Emmett publisher : MIT Press isbn10 | asin : 0262220490 print isbn13 : 9780262220491 ebook isbn13 : 9780585038049 language : English subject Industrial policy--United States, Trade regulation--United States, Antitrust law--United States. 973 subject : Industrial policy--United States, Trade regulation--United States, Antitrust law--United States. Page iii Economics of Regulation and Antitrust Second Edition W.
Economics of regulation and antitrust by W. Kip Viscusi