Regulation, Deregulation, Reregulation

Edited by Claude Menard and Michel Ghertman

in Books from Edward Elgar Publishing

Abstract: Building on Oliver Williamson’s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly.

Keywords: Economics and Finance (search for similar items in EconPapers)
JEL-codes: Z0 (search for similar items in EconPapers)
Date: 2009
ISBN: 9781847209689
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Citations: View citations in EconPapers (13)

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Chapters in this book:

Ch 1 Transaction Cost Economics: The Precursors

Oliver Williamson

Ch 2 Property Rights Allocation of Common Pool Resources

Gary D. Libecap

Ch 3 An Institutional Theory of Public Contracts: Regulatory Implications

Pablo Spiller

Ch 4 Incentives and Transaction Costs in Public Procurement

Steven Tadelis

Ch 5 From Technical Integrity to Institutional Coherence: Regulatory Challenges in the Water Sector

Claude Menard

Ch 6 Regulatory Governance and Sector Performance: Methodology and Evaluation for Electricity Distribution in Latin America

Luis Andres, José Luis Guasch and Sebastián Lopez Azumendi

Ch 7 Vertical Relations and ‘Neutrality’ in Broadband Communications: Neither Market nor Hierarchy?

Howard A. Shelanski

Ch 8 Deregulation, Efficiency and Environmental Performance: Evidence from the Electric Utility Industry

Magali Delmas, Michael V. Russo, Maria J. Montes-Sancho and Yesim Tokat

Ch 9 The Achievement of Electricity Competitive Reforms: A Governance Structure Problem?

Jean-Michel Glachant and Yannick Perez

Ch 10 The US Postal Service

R. Richard Geddes

Ch 11 The Sarbanes–Oxley Act at a Crossroads

Roberta Romano

Ch 12 Information Asymmetries and Regulatory Rate-Making: Case Study Evidence from Commonwealth Edison and Duke Energy Rate Reviews

Adam Fremeth and Guy L.F. Holburn

Ch 13 Adaptation in Long-term Exchange Relations: Evidence from Electricity Marketing Contracts

Dean V. Williamson

Ch 14 Why and How Should New Industries with High Consumer Switching Costs be Regulated? The Case of Broadband Internet in France

Jackie Krafft and Evens Salies

Ch 15 The Puzzle of Regulation, Deregulation and Reregulation

Michel Ghertman

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