03433nam 2200625Ia 450 991077828600332120230721031749.01-281-73520-597866117352030-300-13775-310.12987/9780300137750(CKB)1000000000477739(StDuBDS)BDZ0022168126(SSID)ssj0000265571(PQKBManifestationID)11194577(PQKBTitleCode)TC0000265571(PQKBWorkID)10295872(PQKB)10982747(StDuBDS)EDZ0000157715(MiAaPQ)EBC3420280(DE-B1597)485041(OCoLC)1024045095(DE-B1597)9780300137750(Au-PeEL)EBL3420280(CaPaEBR)ebr10190737(CaONFJC)MIL173520(OCoLC)923591192(EXLCZ)99100000000047773920070111d2007 uy 0engur|||||||||||txtccrThe unsustainable costs of partial deregulation[electronic resource] /Paul W. MacAvoyNew Haven, CT Yale University Pressc20071 online resource (1 online resource (xvii, 181 p.) )ill., mapBibliographic Level Mode of Issuance: Monograph0-300-12128-8 Includes bibliographical references (p. 147-171) and index.Front matter --Contents --Figures --Tables --Preface --Chapter 1 Introduction to Network Technology and Market Structure --Chapter 2 The Regulation of Networks --Chapter 3 Electric and Gas Network Performance and Partial Deregulation --Chapter 4 The Strategic Response of Pacific Gas and Electric Corporation to Partial Deregulation during the California Power Crisis --Chapter 5 The Long Distance Telephone Networks and Partial Deregulation --Chapter 6 The Singular Result of Partial Deregulation and What Can Be Done --Notes --Bibliography --IndexThree decades ago, federal policymakers-Republicans and Democrats-embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. Paul W. MacAvoy, an economist with forty years of experience in the regulatory field, here assesses the results and concludes that deregulation has failed to achieve any of these goals in any of these industries. MacAvoy shows that we now have only partial deregulation, a mixture of oligopoly structure with direct price control. He explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems.Public utilitiesDeregulationUnited StatesMunicipal franchisesPublic utilitiesDeregulationMunicipal franchises.338.4/33636MacAvoy Paul W121412MiAaPQMiAaPQMiAaPQBOOK9910778286003321The unsustainable costs of partial deregulation3691761UNINA