LEADER 03467nam 2200637Ia 450 001 9910451667203321 005 20210527003213.0 010 $a1-281-73520-5 010 $a9786611735203 010 $a0-300-13775-3 024 7 $a10.12987/9780300137750 035 $a(CKB)1000000000477739 035 $a(StDuBDS)BDZ0022168126 035 $a(SSID)ssj0000265571 035 $a(PQKBManifestationID)11194577 035 $a(PQKBTitleCode)TC0000265571 035 $a(PQKBWorkID)10295872 035 $a(PQKB)10982747 035 $a(StDuBDS)EDZ0000157715 035 $a(MiAaPQ)EBC3420280 035 $a(DE-B1597)485041 035 $a(OCoLC)1024045095 035 $a(DE-B1597)9780300137750 035 $a(Au-PeEL)EBL3420280 035 $a(CaPaEBR)ebr10190737 035 $a(CaONFJC)MIL173520 035 $a(OCoLC)923591192 035 $a(EXLCZ)991000000000477739 100 $a20070111d2007 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe unsustainable costs of partial deregulation$b[electronic resource] /$fPaul W. MacAvoy 210 $aNew Haven, CT $cYale University Press$dc2007 215 $a1 online resource (1 online resource (xvii, 181 p.) )$cill., map 300 $aBibliographic Level Mode of Issuance: Monograph 311 0 $a0-300-12128-8 320 $aIncludes bibliographical references (p. 147-171) and index. 327 $tFront matter --$tContents --$tFigures --$tTables --$tPreface --$tChapter 1 Introduction to Network Technology and Market Structure --$tChapter 2 The Regulation of Networks --$tChapter 3 Electric and Gas Network Performance and Partial Deregulation --$tChapter 4 The Strategic Response of Pacific Gas and Electric Corporation to Partial Deregulation during the California Power Crisis --$tChapter 5 The Long Distance Telephone Networks and Partial Deregulation --$tChapter 6 The Singular Result of Partial Deregulation and What Can Be Done --$tNotes --$tBibliography --$tIndex 330 $aThree 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. 606 $aPublic utilities$xDeregulation$zUnited States 606 $aMunicipal franchises 608 $aElectronic books. 615 0$aPublic utilities$xDeregulation 615 0$aMunicipal franchises. 676 $a338.4/33636 700 $aMacAvoy$b Paul W$0121412 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910451667203321 996 $aThe unsustainable costs of partial deregulation$92464249 997 $aUNINA