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Deregulatory Takings and the Regulatory Contract The Competitive Transformation of Network Industries in the United States

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ISBN-10: 0521658713

ISBN-13: 9780521658713

Edition: 1998

Authors: J. Gregory Sidak, Daniel F. Spulber

List price: $69.99
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In this book the authors address deregulatory policies that threaten to reduce or destroy, without any offsetting payment of compensation, the value of private property in network industries.
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Book details

List price: $69.99
Copyright year: 1998
Publisher: Cambridge University Press
Publication date: 10/13/1998
Binding: Paperback
Pages: 656
Size: 6.25" wide x 9.25" long x 1.25" tall
Weight: 1.892
Language: English

Preface
The nature of the controversy
Deregulation and network pricing
Quarantines and quagmires
The regulatory contract
Remedies for breach of the regulatory contract
Takings and the property of the regulated utility
Just compensation for deregulatory takings
The efficient component-pricing rule
The market-determined efficient component-pricing rule
Answering the critics of efficient component-pricing
The equivalence rule
TSLRIC pricing and the fallacy of forward-looking costs
Deregulatory takings and efficient capital markets
Limiting principles for stranded cost recovery
Deregulation and managed competition in network industries
The tragedy of the telecommons
References
Indices