This chapter provides a comprehensive overview of the theoretical and empirical literature
on the regulation of natural monopolies. It covers alternative definitions of natural monopoly …

This chapter reviews recent theoretical work on the design of regulatory policy, focusing on
the complications that arise when regulated suppliers have better information about the …

In many countries throughout the world, regulators are struggling to determine whether and
how to introduce competition into regulated industries. This essay examines the …

This work provides an overview of the techniques available to regulators of recently"
privatized" utilities and transport services to measure the various sources of inefficiencies in …

Over the last 20 years, incentives in general and price caps in particular have breathed new
life into public utility regulation. Price caps successfully combine incentives for cost reduction …

US Internet policy has reached a crossroads. After years of delay, the Supreme Court's
recent Brand X decision has cleared the way for the Federal Communications Commission …

Economic regulation affects us all, shaping how we access essential services such as water,
energy and transport, as well as how we communicate with one another in the digital world …

A decade of experience has shown that monitoring the performance of public and private
monopolies is the hardest part of electricity sector reform in South America—because …

Price cap regulation (PCR) has now been employed in the telecommunications industry for
more than a quarter century. We review the experience with PCR and offer an explanation …

The paper considers the non-parametric methodology of Data Envelopment Analysis (DEA)
in the context of efficiency measurement for Brazilian electricity distribution in 1997/98 …