The Theory of Contestable Markets: Applications to Regulatory and Antitrust Problems in the Rail Industry - Couverture rigide

Tye, William

 
9780313273377: The Theory of Contestable Markets: Applications to Regulatory and Antitrust Problems in the Rail Industry
Couverture rigide
ISBN 10 : 0313273375 ISBN 13 : 9780313273377
Editeur : Praeger Publishers Inc, 1990

Synopsis

This book provides a comprehensive analysis of the application of the new theory of contestable markets to the problem of the transition to deregulation in regulated industries. It offers an extensive review of both the theory and practice of contestable markets, as well as guidelines for the practical application of the theory to regulated industries and antitrust, with special consideration given to the problems of the rail industry. As applied in this industry, the theory promised to help balance the conflicting goals of regulatory transition and to define standards for revenue adequacy, cooperation among competitors, maximum reasonable rates, and antitrust immunity for mergers.

Unlike other, chiefly theoretical, treatments of the subject, the author has provided a study of the theory of contestable markets as well as its past and potential applications. His introduction discusses such topics as the relevant theory of perfect contestability, implications for economic welfare, and recent applications of the theory. Chapter 2 deals with vertical mergers into contestable markets, while chapter 3 concerns itself largely with the transition to deregulation in regulated industries. Unlike other theoretical studies, however, the work also addresses the theory in practice. Using the insights gained when the theory was employed in the rail industry, the author draws conclusions regarding a broad range of regulatory and antitrust issues affecting all industries, such as economic analysis of vertical mergers and vertical economic practices.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

WILLIAM B. TYE is an expert in industrial economics and the author of Encouraging Cooperation among Competitors: The Case of Motor Carrier Deregulation and Collective Ratemaking.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Praeger Publishers Inc
Date d'édition
1990
Langue
anglais
ISBN 10 
0313273375
ISBN 13 
9780313273377
Reliure
Relié
Nombre de pages
160
Coordonnées du fabricant
non disponible
Personne responsable
gpsr@libri.de
gpsr@libri.de

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