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From Technical Integrity to Institutional Coherence: Regulatory Challenges in the Water Sector

In: Regulation, Deregulation, Reregulation

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  • Claude Ménard

Abstract

Building on Oliver Williamson’s original analysis, the contributors introduce new ideas, different perspectives and provide tools for better understanding changes in the approach to regulation, the reform of public utilities, and the complex problems of governance. They draw largely upon a transaction cost approach, highlighting the challenges faced by major economic sectors and identifying critical flaws in prevailing views on regulation. Deeply rooted in sector analysis, the book conveys a central message of new institutional economics: that theory should be continuously confronted by facts, and reformed or revolutionized accordingly.

Suggested Citation

  • Claude Ménard, 2009. "From Technical Integrity to Institutional Coherence: Regulatory Challenges in the Water Sector," Chapters, in: Claude Ménard & Michel Ghertman (ed.), Regulation, Deregulation, Reregulation, chapter 5, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:13188_5
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    Cited by:

    1. Eva Lieberherr & Lea Fuenfschilling, 2016. "Neoliberalism and sustainable urban water sectors: A critical reflection of sector characteristics and empirical evidence," Environment and Planning C, , vol. 34(8), pages 1540-1555, December.

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    Economics and Finance;

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