%0 Book
%A Christian Holzleitner
%D 2021
%C Berlin, Germany
%I Peter Lang Verlag
%@ 0531-7339
%T Recipes for Monopoly Regulation
%U https://www.peterlang.com/document/1090675
%X This monograph was the winner of the Nestlé Prize 2000 for the best Austrian PhD-Thesis in the Social Sciences.  As it is not possible to introduce competition into every single market, there will still remain monopolies – like in the telecom or energy sector – which have to be put under public regulation. This book offers a look into the latest developments in regulatory practice and theory. What shall a regulator do when she wants to give incentives for cost minimization to the regulated firm and at the same time efficient prices to the consumers? After a comparison of different «real world» regulatory regimes, a simple theoretical model is used to assess the «real world» approaches and design optimal policies. The theoretical «recipes» are presented in a way which should be accessible to advanced students and «real world» regulators.
%G English