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100 1 $aMacAvoy, Paul W.
245 14 $aThe unsustainable costs of partial deregulation /$cPaul W. MacAvoy.
260 $aNew Haven [Conn.] :$bYale University Press,$c©2007.
300 $a1 online resource (xvii, 181 pages) :$billustrations, map
336 $atext$btxt$2rdacontent
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338 $aonline resource$bcr$2rdacarrier
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347 $adata file$2rda
504 $aIncludes bibliographical references (pages 165-171) and index.
505 0 $aIntroduction to network technology and market structure -- The regulation of networks -- Electric and gas network performance and partial deregulation -- The strategic response of Pacific Gas and Electric Corporation to partial deregulation during the California power crisis -- The long distance telephone networks and partial deregulation -- The singular result of partial deregulation and what can be done.
520 $aThree decades ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation. In the electricity, gas delivery, and telecommunications industries, the strategy called for restructuring to separate production from transmission and distribution, followed by elimination of price controls. The expected results were lower prices and increased quality, reliability, and scope of services. Paul MacAvoy, an economist with forty years of experience in the regulatory field, here assesses the results and concludes that deregulation has failed to achieve any of these goals in any of these industries. MacAvoy shows that we now have only partial deregulation, a mixture of oligopoly structure with direct price control. He explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems.
506 $3Use copy$fRestrictions unspecified$2star$5MiAaHDL
533 $aElectronic reproduction.$b[Place of publication not identified] :$cHathiTrust Digital Library,$d2010.$5MiAaHDL
538 $aMaster and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.$uhttp://purl.oclc.org/DLF/benchrepro0212$5MiAaHDL
583 1 $adigitized$c2010$hHathiTrust Digital Library$lcommitted to preserve$2pda$5MiAaHDL
588 0 $aPrint version record.
546 $aEnglish.
650 0 $aPublic utilities$xDeregulation$zUnited States.
650 7 $aBUSINESS & ECONOMICS$xIndustries$xGeneral.$2bisacsh
650 7 $aBUSINESS & ECONOMICS$xGeneral.$2bisacsh
650 7 $aPublic utilities$xDeregulation.$2fast$0(OCoLC)fst01083150
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
650 7 $aVersorgungswirtschaft$2gnd
650 7 $aVersorgungsnetz$2gnd
650 7 $aDeregulierung$2gnd
651 7 $aUSA.$2swd
655 0 $aElectronic books.
655 4 $aElectronic books.
655 7 $aElectronic books.$2gtlm
776 08 $iPrint version:$aMacAvoy, Paul W.$tUnsustainable costs of partial deregulation.$dNew Haven [Conn.] : Yale University Press, ©2007$z9780300121285$z0300121288$w(DLC) 2007001335$w(OCoLC)77831075
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