The virtual utility (VU) is a flexible collaboration of independent, market-driven entities that provide efficient energy service demanded by consumers without necessarily owning the corresponding assets. The VU becomes a metaphor for lean, flexible electricity production/delivery and flexible,...

This volume focuses on incentive regulation and competition. While much of the regulatory action is taking place in telecommunications, the impact of competition and the resultant regulatory change is being felt in other traditional public utilities including electricity. The book reviews topics...

There are few aggregate measures of the amount of regulation in the macroeconomy, despite the enormity of regulation and its macroeconomic consequences. Regulation and Macroeconomic Performance attempts to increase the awareness of macroeconomic effects of regulation by providing some...

This book focuses on the antitrust process and how that process affects the efficiency of antitrust law enforcement. The contributors share a wide range of experiences in the antitrust process, including academia, the legal environment, and both private and public sectors. The book deals first...

This volume deals in an innovative way with some of the major issues involved in the current debate over health care reform. The book brings together some of the leading researchers to discuss alternative ways of restructuring the health care industries, and alternative methods for regulating...

This book brings together leading practitioners, world-wide postal administrations, and the express industry, as well as a number of regulators, academic economists, and lawyers to examine some of the important policy and regulatory issues facing the industry. Issues addressed include...

Regulation and Economic Analysis: A Critique Over Two Centuries argues that long experience with the practice of regulation creates a broad anti-intervention consensus among economists. This consensus is based on comparison of real intervention to real markets rather than an ideological...