000			01556nam a2200253Ia 4500
008			170101s1991 xx 000 0 und d
020			_a9780262200844
082			_a338.82 TRA
100			_aTrain, Kenneth E.
245		0	_aOptimal regulation: the economic theory of natural monopoly
250			_a1st ed.
260			_aCambridge _bThe MIT Press _c1991
300			_axiv, 338 p. _bill. _c24 cm
500			_aSuggested by Prof. Diptiranjan Mahapatra
505			_a2 Regulatory Mechanisms to Induce Optimal Outcomes for One-Product Natural Monopolies; Part II : the principles and logic of policy for change : economics and ethics; 3. Policies for dynamic change and transition : lessons from economic history and economic theory; 4. How some economic analyses have distorted the issues; 5. The ethics of intertemporal values and valuations; 6. Broad approaches to moral and political philosophy : converging perspectives; Part III : action around the world : progress, collaboration, equity; 8. Building national and international action; 10. Conclusion : how ideas change over time.
520			_aOptimal Regulation addresses the central issue of regulatory economics--how to regulate firms in a way that induces them to produce and price optimally. It synthesizes an extensive literature on what constitutes optimality in various situations and what r
650			_aCompetition
650			_aEconomic models
650			_aEconomic theory
650			_aMarket forces
650			_aMonopolies
650			_aTrade regulation
942			_2ddc _cBK
999			_c2092 _d2092