Centro de Documentación
Registro:
Armstrong, Mark; Cowan, Simon; Vickers, John
Regulatory reform: economic analysis and british experience. . Massachusetts: Massachusetts Institute of Technology, 1994. 392 p.. (Regulation of economic activity/ ; ).
Notas:
Temas:
regulación económica, precios Ramsey, teoría de la regulación
Contenido:
Contents
Pág.
List of Tables and Figures
xii
Series Foreword
ix
Preface
xi
1.
Introduction
1
I.
ANALYTICAL FRAMEWORK
2.
Monopoly Regulation: Static Analysis
11
3.
Monopoly Regulation: Multiproduct and Dynamic Issues
47
4.
Competition and Liberalization
99
5.
Vertically Related Markets
135
II.
BRITISH EXPERIENCE
6.
RPI -
X
Price Cap Regulation
165
7.
Telecommunications
195
8.
Gas
245
9.
Electricity
279
10.
Water
323
11.
Conclusions
355
References
363
Name Index
377
Subject Index
381
List of Tables and Figures
Tables
6.1
RPI -
X
regulation
176
7.1
Performance of British Telecom
204
7.2
Changes in selected real BT prices
224
9.1
RPI -
X
controls on distribution charges
298
9.2
Behavior of average pool prices
307
10.1
K
factors for water and sewerage companies
337
10.2
K
factors for the water-only companies
338
10.3
Interim determination for 1993-94 and 1994-95
344
Figures
1.1
Vertically integrated monopoly
4
1.2
Vertical separation
5
1.3
Vertical integration with liberalization
5
1.4
Analytical framework
6
2.1
Implementing the optimal nonlinear tariff by means of a menu of two-parts tariffs
24
2.2
Implementing the optimal transfer schedule by means of a menu of cost-sharing rules
36
3.1
First-order conditions for Ramsey prices
52
3.2
The price cap constraint with "fixed weights"
69
3.3
The effect of average revenue regulation
72
4.1
The desirability and feasibility of competition
100
5.1
Vertically related markets: Some basic issues
136
7.1
Schematic picture of BT´s network
197
7.2
The low user tariff (a) and tariff with quantity discounts (b)
226
9.1
Simple transmission networks
284
9.2
The old and new insdustry structures
294