Regulation Under Increasing Competition

Regulation Under Increasing Competition brings together practitioners, regulators, and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. This volume reviews such topics as competitive entry, stranded costs, pricing and market mechanisms. It provides a unique perspective on problems in a newly deregulated environment.

1 Regulatory Governance and Competitive Entry.- 2 Monopoly Leveraging, Path Dependency, and the Case for a Local Competition Threshold for RBOC Entry into InterLATA Toll.- 3 Lowering Prices with Tougher Regulation: Forward-Looking Costs, Depreciation, and the Telecommunications Act of 1996.- 4 Stranded Assets in Network Industries in Transition.- 5 Comparing “Stranded Cost” Arguments in Telecommunications and Electricity.- 6 An Economic Analysis of the Stranded Cost Issue Facing Electric Utilities and Policymakers Today.- 7 Performance Measurement for Price-Cap Regulation of Telecommunications Using Evidence from a Cross-section Study of United States Local Exchange Carriers.- 8 Computable General Equilibrium Models and Electricity CO2 Emissions.- 9 Customer Response to Real-Time Prices in the England and Wales Electricity Market: Implications for Demand-Side Bidding and Pricing Options Design Under Competition.