Regulating Utilities: Understanding the Issues

Utility regulation in Britain has now entered a phase in which debate is no longer so much concerned with whether it is preferable to rival systems but with how to shape the'regulatory contract' in monopoly areas and, in potentially competitive areas, how to ensure rivalry.

Price: £17.00

Contents

Regulatory Institutions and Regulatory Policy for Economics in Transition
MARTIN CAVE AND JON STERN, Comments by SIR BRYAN CARSBERG

Local Competition in UK Telecommunications
MARK ARMSTRONG, Comments by M.E.BEESLEY

Progress in Gas Competition
GEORGE YARROW, Comments by EILEEN MARSHALL

Regulatory Asset Value and the Cost of Capital
GEOFFREY WHITTINGHAM, Comments by IAN BYATT

Pool Reform and Competition in Electricity
DAVID NEWBERY, Comments by STEPHEN LITTLECHILD, Additional Comments by GEOFFREY HORTON

When is Discrimination Undue?
JOHN VICKERS, Comments by JOHN BRIDGEMAN

MMC and Decisions on RPI-x
MARTIN HOWE, Comments by COLIN ROBINSON

What Next in UK Railways?
JOHN WELSBY, Comments by CHRIS BOLT

1998, Readings 48, ISBN 0 255 36418 0, 259pp, PB

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