A Public Goods Approach to Regulation of Utilities

Cecilia Ugaz

No DP2001-09, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The objective of this paper is to broaden the discussion on regulation in general and on the regulation of utilities in particular. Beyond the technical complexity involved in designing and implementing regulatory interventions, we focus our attention on the conditions for achieving a fair process of regulations. Such a process takes into consideration the interest of consumers as well as those of the investors and the government. We conceptualize the problem of regulation as a problem of provision of a pure public good.

Keywords: Privatization; Public goods; Public utilities (search for similar items in EconPapers)
Date: 2001
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