Regulation in Theory and Practice: An Overview
Author
Abstract
Suggested Citation
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Other versions of this item:
- Paul L. Joskow & Roger G. Noll, 1981. "Regulation in Theory and Practice: An Overview," NBER Chapters, in: Studies in Public Regulation, pages 1-78, National Bureau of Economic Research, Inc.
- Joskow, Paul L. & Noll, Roger G., "undated". "Regulation in Theory and Practice: An Overview," Working Papers 213, California Institute of Technology, Division of the Humanities and Social Sciences.
References listed on IDEAS
- Groves, Theodore & Ledyard, John O, 1977.
"Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem,"
Econometrica, Econometric Society, vol. 45(4), pages 783-809, May.
- Theodore Groves & John Ledyard, 1976. "Optimal Allocation of Public Goods: A Solution to the 'Free Rider Problem'," Discussion Papers 144, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Snitzler, James R. & Byrne, Robert J., 1958. "Interstate Trucking of Fresh and Frozen Poultry under Agricultural Exemption," Marketing Research Reports 310671, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
- Noll, Roger G & Trijonis, John, 1971. "Mass Balance, General Equilibrium, and Environmental Externalities," American Economic Review, American Economic Association, vol. 61(4), pages 730-735, September.
- Boyes, William J, 1976. "An Empirical Examination of the Averch-Johnson Effect," Economic Inquiry, Western Economic Association International, vol. 14(1), pages 25-35, March.
- Stigler, George J., 2011.
"Economics of Information,"
Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
- George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69(3), pages 213-213.
- Grether, David M, 1978.
"Recent Psychological Studies of Behavior under Uncertainty,"
American Economic Review, American Economic Association, vol. 68(2), pages 70-74, May.
- Grether, David M., "undated". "Recent Psychological Studies of Behavior Under Uncertainty," Working Papers 82, California Institute of Technology, Division of the Humanities and Social Sciences.
- Montgomery, W. David, 1972. "Markets in licenses and efficient pollution control programs," Journal of Economic Theory, Elsevier, vol. 5(3), pages 395-418, December.
- Benham, Lee, 1972. "The Effect of Advertising on the Price of Eyeglasses," Journal of Law and Economics, University of Chicago Press, vol. 15(2), pages 337-352, October.
- Jack Hirshleifer, 1958. "Peak Loads and Efficient Pricing: Comment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 72(3), pages 451-462.
- Paul L. Joskow, 1972. "The Determination of the Allowed Rate of Return in a Formal Regulatory Hearing," Bell Journal of Economics, The RAND Corporation, vol. 3(2), pages 632-644, Autumn.
- Faulhaber, Gerald R, 1975. "Cross-Subsidization: Pricing in Public Enterprises," American Economic Review, American Economic Association, vol. 65(5), pages 966-977, December.
- John C. Panzar, 1976. "A Neoclassical Approach to Peak Load Pricing," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 521-530, Autumn.
- Paul W. MacAvoy & Roger Noll, 1973. "Relative Prices on Regulated Transactions of the Natural Gas Pipelines," Bell Journal of Economics, The RAND Corporation, vol. 4(1), pages 212-234, Spring.
- R. H. Coase, 2013.
"The Problem of Social Cost,"
Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
- Ronald H. Coase, 1960. "The Problem of Social Cost," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 5, pages 87-137, Palgrave Macmillan.
- Paul W. MacAvoy, 1971. "The Formal Work-Product of the Federal Power Commissioners," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 379-395, Spring.
- Sheshinski, Eytan, 1971. "Welfare Aspects of a Regulatory Constraint: Note," American Economic Review, American Economic Association, vol. 61(1), pages 175-178, March.
- Harbeson, Robert W, 1969. "Toward Better Resource Allocation in Transport," Journal of Law and Economics, University of Chicago Press, vol. 12(2), pages 321-338, October.
- Robert M. Spann, 1974. "Rate of Return Regulation and Efficiency in Production: An Empirical Test of the Averch-Johnson Thesis," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 38-52, Spring.
- Otto A. Davis & Andrew Whinston, 1962. "Externalities, Welfare, and the Theory of Games," Journal of Political Economy, University of Chicago Press, vol. 70(3), pages 241-241.
- De Vany, Arthur, 1974. "The Revealed Value of Time in Air Travel," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 77-82, February.
- Ayres, Robert U & Kneese, Allen V, 1969. "Production , Consumption, and Externalities," American Economic Review, American Economic Association, vol. 59(3), pages 282-297, June.
- John C. Panzar & Robert D. Willig, 1977. "Free Entry and the Sustainability of Natural Monopoly," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 1-22, Spring.
- Benham, Lee & Benham, Alexandra, 1975. "Regulating Through the Professions: A Perspective on Information Control," Journal of Law and Economics, University of Chicago Press, vol. 18(2), pages 421-447, October.
- Kenneth J. Arrow & William M. Capron, 1959. "Dynamic Shortages and Price Rises: The Engineer-Scientist Case," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 73(2), pages 292-308.
- Leon Courville, 1974. "Regulation and Efficiency in the Electric Utility Industry," Bell Journal of Economics, The RAND Corporation, vol. 5(1), pages 53-74, Spring.
- Smith, Vernon L, 1976. "Experimental Economics: Induced Value Theory," American Economic Review, American Economic Association, vol. 66(2), pages 274-279, May.
- Robert M. Spann & Edward W. Erickson, 1970. "The Economics of Railroading: The Beginning of Cartelization and Regulation," Bell Journal of Economics, The RAND Corporation, vol. 1(2), pages 227-244, Autumn.
- Ralph Turvey, 1968. "Peak-Load Pricing," Journal of Political Economy, University of Chicago Press, vol. 76(1), pages 101-101.
- Claude S. Colantoni & Otto A. Davis & Malati Swaminuthan, 1976. "Imperfect Consumers and Welfare Comparisons of Policies Concerning Information and Regulation," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 602-615, Autumn.
- Boyer, Kenneth D, 1977. "Minimum Rate Regulation, Modal Split Sensitivities, and the Railroad Problem," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 493-512, June.
- McGuire, Thomas & Nelson, Richard R & Spavins, Thomas, 1975. ""An Evaluation of Consumer Protection Legislation: The 1962 Drug Amendments": A Comment," Journal of Political Economy, University of Chicago Press, vol. 83(3), pages 655-661, June.
- Richard A. Posner, 1971. "Taxation by Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 22-50, Spring.
- Theodore E. Keeler, 1972. "Airline Regulation and Market Performance," Bell Journal of Economics, The RAND Corporation, vol. 3(2), pages 399-424, Autumn.
- Peltzman, Sam, 1973. "An Evaluation of Consumer Protection Legislation: The 1962 Drug Amendments," Journal of Political Economy, University of Chicago Press, vol. 81(5), pages 1049-1091, Sept.-Oct.
- Peter O. Steiner, 1957. "Peak Loads and Efficient Pricing," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 71(4), pages 585-610.
- Robert S. Pindyck, 1974. "The Regulatory Implications of Three Alternative Econometric Supply Models of Natural Gas," Bell Journal of Economics, The RAND Corporation, vol. 5(2), pages 633-645, Autumn.
- Elizabeth E. Bailey & Roger D. Coleman, 1971. "The Effect of Lagged Regulation in an Averch-Johnson Model," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 278-292, Spring.
- Alvin K. Klevorick, 1971. "The "Optimal" Fair Rate of Return," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 122-153, Spring.
- Michael Spence, 1977. "Consumer Misperceptions, Product Failure and Producer Liability," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 561-572.
- Richard C. Levin, 1978. "Allocation in Surface Freight Transportation: Does Rate Regulation Matter?," Bell Journal of Economics, The RAND Corporation, vol. 9(1), pages 18-45, Spring.
- Fiorina, Morris P. & Noll, Roger G., 1978.
"Voters, bureaucrats and legislators : A rational choice perspective on the growth of bureaucracy,"
Journal of Public Economics, Elsevier, vol. 9(2), pages 239-254, April.
- Fiorina, Morris P. & Noll, Roger G., "undated". "Voters, Bureaucrats and Legislators: A Rational Choice Perspective on the Growth of Bureaucracy," Working Papers 159, California Institute of Technology, Division of the Humanities and Social Sciences.
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
- Grether, David M & Plott, Charles R, 1979.
"Economic Theory of Choice and the Preference Reversal Phenomenon,"
American Economic Review, American Economic Association, vol. 69(4), pages 623-638, September.
- Grether, David M. & Plott, Charles R., "undated". "Economic Theory of Choice and the Preference Reversal Phenomenon," Working Papers 152, California Institute of Technology, Division of the Humanities and Social Sciences.
- Benton F. Massell, 1969. "Price Stabilization and Welfare," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 83(2), pages 284-298.
- Elizabeth E. Bailey & John C. Malone, 1970. "Resource Allocation and the Regulated Firm," Bell Journal of Economics, The RAND Corporation, vol. 1(1), pages 129-142, Spring.
- Julius Margolis, 1970. "The Analysis of Public Output," NBER Books, National Bureau of Economic Research, Inc, number marg70-1.
- Joseph L. Gastwirth, 1976. "On Probabilistic Models of Consumer Search for Information," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(1), pages 38-50.
- Turnovsky, Stephen J, 1976. "The Distribution of Welfare Gains from Price Stabilization: The Case of Multiplicative Disturbances," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 17(1), pages 133-148, February.
- Louis L. Wilde & Alan Schwartz, 1979. "Equilibrium Comparison Shopping," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 46(3), pages 543-553.
- Oliver Williamson, 1970. "Administrative Decision Making and Pricing: Externality and Compensation Analysis Applied," NBER Chapters, in: The Analysis of Public Output, pages 115-138, National Bureau of Economic Research, Inc.
- Wallace Hendricks, 1975. "The Effect of Regulation on Collective Bargaining in Electric Utilities," Bell Journal of Economics, The RAND Corporation, vol. 6(2), pages 451-465, Autumn.
- John T. Wenders, 1976. "Peak Load Pricing in the Electric Utility Industry," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 232-241, Spring.
- Baumol, William J & Bailey, Elizabeth E & Willig, Robert D, 1977. "Weak Invisible Hand Theorems on the Sustainability of Multiproduct Natural Monopoly," American Economic Review, American Economic Association, vol. 67(3), pages 350-365, June.
- Roberts, Marc J. & Spence, Michael, 1976. "Effluent charges and licenses under uncertainty," Journal of Public Economics, Elsevier, vol. 5(3-4), pages 193-208.
- Michael A. Crew & Paul R. Kleindorfer, 1976. "Peak Load Pricing with a Diverse Technology," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 207-231, Spring.
- Victor P. Goldberg, 1976. "Regulation and Administered Contracts," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 426-448, Autumn.
- Leontief, Wassily, 1970. "Environmental Repercussions and the Economic Structure: An Input-Output Approach," The Review of Economics and Statistics, MIT Press, vol. 52(3), pages 262-271, August.
- Baumol, William J & Braunstein, Yale M, 1977. "Empirical Study of Scale Economies and Production Complementarity: The Case of Journal Publication," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 1037-1048, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Mirucki, Jean, 1980. "Comportement de l'entreprise réglementée: étude de l'hypothèse Averch-Johnson [Behavior of the Regulated Firm: A Study of the Averch-Johnson Hypothesis]," MPRA Paper 27669, University Library of Munich, Germany, revised 1982.
- Mirucki, Jean, 1980. "Vérification des conditions d'efficacité dans la production chez Bell Canada [Checking the conditions of efficient production in Bell Canada]," MPRA Paper 30147, University Library of Munich, Germany, revised Jun 1980.
- Louis Alessi, 1974. "Aneconomic analysis of government ownership and reculation," Public Choice, Springer, vol. 19(1), pages 1-42, September.
- Fisher, Anthony C & Peterson, Frederick M, 1976. "The Environment in Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 14(1), pages 1-33, March.
- Mier, Mathias, 2021.
"Efficient pricing of electricity revisited,"
Energy Economics, Elsevier, vol. 104(C).
- Mathias Mier, 2020. "Efficient Pricing of Electricity Revisited," ifo Working Paper Series 342, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Simshauser, Paul, 2018.
"Price discrimination and the modes of failure in deregulated retail electricity markets,"
Energy Economics, Elsevier, vol. 75(C), pages 54-70.
- Simshauser, P, 2018. "Price discrimination and the modes of failure in deregulated retail electricity markets," Cambridge Working Papers in Economics 1849, Faculty of Economics, University of Cambridge.
- Paul Simshauser, 2018. "Price discrimination and the modes of failure in deregulated retail electricity markets," Working Papers EPRG 1827, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Mark W. Gellerson & Shawna P. Grosskopf, 1980. "Public Utility Pricing, Investment, and Reliability under Uncertainty: A Review," Public Finance Review, , vol. 8(4), pages 477-492, October.
- Revesz, Richard & Stavins, Robert, 2004.
"Environmental Law and Policy,"
Working Paper Series
rwp04-023, Harvard University, John F. Kennedy School of Government.
- Richard L. Revesz & Robert Stavins, 2007. "Environmental Law and Policy," NBER Working Papers 13575, National Bureau of Economic Research, Inc.
- Kinsey, Jean D. & Roe, Terry L. & Sexauer, Benjamin, 1980. "Imperfect Information, Consumer Theory, And Allocative Error In Consumption," Staff Papers 13742, University of Minnesota, Department of Applied Economics.
- Simshauser, Paul, 2016. "Distribution network prices and solar PV: Resolving rate instability and wealth transfers through demand tariffs," Energy Economics, Elsevier, vol. 54(C), pages 108-122.
- Waters II, William G., 2007. "Evolution of Railroad Economics," Research in Transportation Economics, Elsevier, vol. 20(1), pages 11-67, January.
- Sandler, Todd & Tschirhart, John T, 1980. "The Economic Theory of Clubs: An Evaluative Survey," Journal of Economic Literature, American Economic Association, vol. 18(4), pages 1481-1521, December.
- Simshauser, P., 2021. "Rooftop Solar PV and the Peak Load Problem in the NEM’s Queensland Region," Cambridge Working Papers in Economics 2180, Faculty of Economics, University of Cambridge.
- Mathias Mier, 2018. "Policy Implications of a World with Renewables, Limited Dispatchability, and Fixed Load," Working Papers V-412-18, University of Oldenburg, Department of Economics, revised Jul 2018.
- Stavins, Robert, 2001.
"Lessons From the American Experiment With Market-Based Environmental Policies,"
RFF Working Paper Series
dp-01-53, Resources for the Future.
- Stavins, Robert N., 2001. "Lessons From the American Experiment With Market-Based Environmental Policies," Discussion Papers 10589, Resources for the Future.
- Stavins, Robert, 2001. "Lessons from the American Experiment with Market-Based Environmental Policies," Working Paper Series rwp01-032, Harvard University, John F. Kennedy School of Government.
- Meredith Fowlie, 2010. "Emissions Trading, Electricity Restructuring, and Investment in Pollution Abatement," American Economic Review, American Economic Association, vol. 100(3), pages 837-869, June.
- David Encaoua & Michel Moreaux, 1987. "L'analyse théorique des problèmes de tarification et d'allocation des coûts dans les télécommunications," Revue Économique, Programme National Persée, vol. 38(2), pages 375-414.
- Charles Raux, 2011.
"Downstream Emissions Trading for Transport,"
Transportation Research, Economics and Policy, in: Werner Rothengatter & Yoshitsugu Hayashi & Wolfgang Schade (ed.), Transport Moving to Climate Intelligence, chapter 0, pages 209-226,
Springer.
- Charles Raux, 2011. "Downstream Emissions Trading for Transport," Post-Print halshs-01695597, HAL.
- Stavins, Robert, 2004.
"Environmental Economics,"
Working Paper Series
rwp04-051, Harvard University, John F. Kennedy School of Government.
- Robert N. Stavins, 2007. "Environmental Economics," NBER Working Papers 13574, National Bureau of Economic Research, Inc.
- Stavins, Robert N., 2004. "Environmental Economics," Discussion Papers 10841, Resources for the Future.
- Stavins, Robert, 2004. "Environmental Economics," RFF Working Paper Series dp-04-54, Resources for the Future.
- Suh, Sangwon, 2004. "Functions, commodities and environmental impacts in an ecological-economic model," Ecological Economics, Elsevier, vol. 48(4), pages 451-467, April.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mit:worpap:218. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Linda Woodbury (email available below). General contact details of provider: https://edirc.repec.org/data/edmitus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.