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Sinopsis: Three decades ago, federal policymakers—Republicans and Democrats—embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. Paul W. MacAvoy, an economist with forty years of experience in the regulatory field, here assesses the results and concludes that deregulation has failed to achieve any of these goals in any of these industries.
MacAvoy shows that we now have only partial deregulation, a mixture of oligopoly structure with direct price control. He explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems.
About the Author: Paul W. MacAvoy is Williams Brothers Professor Emeritus of Management Studies and former dean of the School of Management, Yale University. In the Ford administration, he served as a member of the Council of Economic Advisers. MacAvoy is the author of fifteen books, including The Natural Gas Market: Sixty Years of Regulation and Deregulation, published by Yale University Press. He lives in Etna, NH, and Sarasota, FL.
Título: The Unsustainable Costs of Partial ...
Editorial: Yale University Press
Condición del libro: Very Good
Descripción Yale University Press, 2007. Estado de conservación: Very Good. Great condition for a used book! Minimal wear. Nº de ref. de la librería GRP71784892
Descripción Yale University Press, 2007. Estado de conservación: Good. Former Library book. Shows some signs of wear, and may have some markings on the inside. Nº de ref. de la librería GRP9584379
Descripción Yale University Press. Hardcover. Estado de conservación: GOOD. Gently used may contain ex-library markings, possibly has some minor highlighting, textual notations, and or underlining. Text is still easily readable. Nº de ref. de la librería 2749689783
Descripción Yale University Press. Hardcover. Estado de conservación: GOOD. book was well loved but cared for. Possible ex-library copy with all the usual markings and stickers. Some light textual notes, highlighting and underling. Nº de ref. de la librería 2749616395
Descripción Yale University Press. Hardcover. Estado de conservación: Fair. Nº de ref. de la librería G0300121288I5N00
Descripción Yale University Press. Estado de conservación: As New. Very Good dust jacket. Nº de ref. de la librería T11H-00547
Descripción Yale University Press. Estado de conservación: Used - Like New. Fine. Cloth, D-j. 2007. Originally published at $65.00. Nº de ref. de la librería W71591
Descripción Yale University Press, 2007. Hardcover. Estado de conservación: Used: Good. Nº de ref. de la librería SONG0300121288
Descripción Yale University Press. Hardcover. Estado de conservación: Very Good. 0300121288 Crisp, clean, unread book with some shelfwear - NICE. Nº de ref. de la librería Z0300121288Z2
Descripción Estado de conservación: Very Good. Book Condition: Very Good. Nº de ref. de la librería 97803001212853.0