LEADER 03531nam 22006134a 450 001 9910455284703321 005 20200520144314.0 010 $a0-262-28058-2 010 $a0-585-29647-2 035 $a(CKB)111004366633158 035 $a(SSID)ssj0000227713 035 $a(PQKBManifestationID)11202674 035 $a(PQKBTitleCode)TC0000227713 035 $a(PQKBWorkID)10270368 035 $a(PQKB)11399869 035 $a(MiAaPQ)EBC3338433 035 $a(OCoLC)939263558 035 $a(OCoLC-P)939263558 035 $a(MaCbMITP)5579 035 $a(PPN)055440541 035 $a(Au-PeEL)EBL3338433 035 $a(CaPaEBR)ebr2001030 035 $a(EXLCZ)99111004366633158 100 $a19991008d1999 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPrivatization, restructuring, and regulation of network utilities$b[electronic resource] /$fDavid M. Newbery 210 $aCambridge, Mass. $cMIT Press$dc1999 215 $axvi, 466 p. $cill 225 1 $aThe Walras-Pareto lectures ;$v2 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-262-14068-3 320 $aIncludes bibliographical references (p. [439]-452) and index. 330 $aNetwork utilities, such as electricity, telephones, and gas, are public utilities that require a fixed network to deliver their services. Because consumers have no choice of network, they risk exploitation by network owners. Once invested, however, a network's capital is sunk, and the bargaining advantage shifts from investor to consumer. The investor, fearing expropriation, may be reluctant to invest. The tension between consumer and investor can be side-stepped by state ownership. Alternatively, private ownership and consumers' political power can be reconciled through regulation. Either way, network utilities operate under terms set by the state. David Newbery argues that price-setting rules comprise only part of the policy agenda. Network utilities pose special problems of ownership and regulation. He discusses the history of ownership and regulation, privatization, and theories of regulation. Examining three network utilities in detail--telecoms, electricity, and gas--he contrasts the regulatory approaches of Britain and the United States. He also looks at liberalization in a variety of other countries. History shows that the mature forms of regulatory institutions are emarkably similar under both public and private ownership. This raises obvious questions such as: Will the forces that caused convergence to regulated vertical integration in the past reassert themselves? Can the benefits of competition be protected against the pressure to reintegrate? Will different utilities differ in their form and structure? A full understanding of the forces shaping regulatory institutions is necessary to answer these important questions. 410 0$aWalras-Pareto lectures ;$v2. 606 $aPublic utilities 606 $aPrivatization 606 $aPublic utilities$xGovernment policy 608 $aElectronic books. 615 0$aPublic utilities. 615 0$aPrivatization. 615 0$aPublic utilities$xGovernment policy. 676 $a363.6 700 $aNewbery$b David M. G$0118518 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910455284703321 996 $aPrivatization, restructuring, and regulation of network utilities$944518 997 $aUNINA LEADER 01683nas 2200469-a 450 001 996417431803316 005 20240413023634.0 035 $a(CKB)110978984079453 035 $a(CONSER)---94646292- 035 $a(EXLCZ)99110978984079453 100 $a19910329b19912003 --- a 101 0 $aeng 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aSeton Hall journal of sport law 210 $aNewark, N.J. $cSeton Hall University, School of Law$dc1991-c2003 215 $a1 online resource 311 08$aPrint version: Seton Hall journal of sport law. 1059-4310 (DLC) 94646292 (OCoLC)23352654 517 3 $aJournal of sport law 531 0 $aSeton Hall j. sport law 606 $aSports$xLaw and legislation$zUnited States$vPeriodicals 606 $aProfessional sports$xLaw and legislation$zUnited States$vPeriodicals 606 $aProfessional sports$xLaw and legislation$2fast$3(OCoLC)fst01078534 606 $aSports$xLaw and legislation$2fast$3(OCoLC)fst01130467 607 $aUnited States$2fast 608 $aLaw reviews.$2fast 608 $aPeriodicals.$2fast 608 $aInternet resources.$2gtlm 608 $aLaw reviews.$2lcgft 615 0$aSports$xLaw and legislation 615 0$aProfessional sports$xLaw and legislation 615 7$aProfessional sports$xLaw and legislation. 615 7$aSports$xLaw and legislation. 676 $a344.73/099 676 $a347.30499 712 02$aSeton Hall University.$bSchool of Law. 906 $aJOURNAL 912 $a996417431803316 920 $aexl_impl conversion 996 $aSeton Hall journal of sport law$92220799 997 $aUNISA