Chapters in this book

1. Frontmatter i
2. Preface vii
3. Contents ix
4. Introduction 1
5. I. A Theory of Regulation
6. 1. Typical Justifications for Regulation 15
7. 2. Cost-of-Service Ratemaking 36
8. 3. Historically Based Price Regulation 60
9. 4. Allocation under a Public Interest Standard 71
10. 5. Standard Setting 96
11. 6. Historically Based Allocation 120
12. 7. Individualized Screening 131
13. 8. Alternatives to Classical Regulation 156
14. 9. General Guidelines for Policy Makers 184
15. II. Appropriate Solutions
16. 10. Match and Mismatch 191
17. 11. Mismatch: Excessive Competition and Airline Regulation 197
18. 12. Mismatch: Excessive Competition and the Trucking Industry 222
19. 13. Mismatch: Rent Control and Natural Gas Field Prices 240
20. 14. Partial Mismatch: Spillovers and Environmental Pollution 261
21. 15. Problems of a Possible Match: Natural Monopoly and Telecommunications 285
22. III. Practical Reform
23. 16. From Candidate to Reform 317
24. 17. Generic Approaches to Regulatory Reform 341
25. Appendix 1. The Regulatory Agencies 371
26. Appendix 2. A Note on Administrative Law 378
27. Further Reading 382
28. Notes 386
29. Index 462