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Drawing from the most recent work on economic regulation, this book introduces readers to the main principles and examines how economic regulation is applied in four key public utility industries - electricity, gas, water and telecommunications. Written for students and practitioners with little prior knowledge of economic regulation, this is an accessible, non-technical entry point to the subject area, exploring the fundamental questions: Why do we regulate? What are alternatives to regulation? Which institutions are involved in regulation? What have…
This is the first comprehensive book on economic regulation in two decades, and the most up-to-date textbook on the subject
Focuses on the basic rationales and 'first principles' of regulation, avoiding highly technical and abstract models and mathematical treatments
Most academic work on economic regulation is published in diverse and specialized academic journals and monographs - this is an accessible and coherent synthesis of these different strands of information
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Author
Christopher Decker,University of Oxford
Christopher Decker is a Research Fellow specialising in Law and Economics at the Centre for Socio-Legal Studies, Oxford University. Dr Decker's research interests include economic regulation, competition (antitrust) economics, industrial organization and law and economics. He has considerable practical experience of the application of economic regulation across a range of industries (energy, water, telecommunications, transport, financial services, environmental regulation and the regulation of the professions) and has acted as an advisor to competition authorities and regulators in a number of jurisdictions.