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The Bang-Bang Model of Public Utility Regulation in Intertemporal General Equilibrium

In: Growth Theory, Nonlinear Dynamics and Economic Modelling

Author

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  • William A. Brock
  • Stephen P. Magee

Abstract

This outstanding collection of William Brock’s essays illustrates the power of dynamic modelling to shed light on the forces for stability and instability in economic systems. The articles selected reflect his best work and are indicative both of the type of policy problem that he finds challenging and the complex methodology that he uses to solve them. Also included is an introduction by Brock to his own work, which helps tie together the main aspects of his research to date.

Suggested Citation

  • William A. Brock & Stephen P. Magee, 2001. "The Bang-Bang Model of Public Utility Regulation in Intertemporal General Equilibrium," Chapters, in: W. D. Dechert (ed.), Growth Theory, Nonlinear Dynamics and Economic Modelling, chapter 5, pages 128-140, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:1491_5
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    Keywords

    Economics and Finance;

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