Rather than sticking to economics, Jose Gomez-Ibanez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.
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Rather than sticking to economics, Jose Gomez-Ibanez draws on history, politics, and a wealth of examples to provide a road map for various approaches to regulation. He makes a strong case for favoring market-oriented and contractual approaches--including private contracts between infrastructure providers and customers as well as concession contracts with the government acting as an intermediary--over those that grant government regulators substantial discretion. Contracts can provide stronger protection for infrastructure customers and suppliers--and greater opportunities to tailor services to their mutual advantage. In some cases, however, the requirements of the firms and their customers are too unpredictable for contracts to work, and alternative schemes may be needed.
Imprint | Harvard University Press |
Country of origin | United States |
Release date | September 2006 |
Availability | Expected to ship within 10 - 15 working days |
First published | September 2006 |
Authors | Jose A. Gomez-Ibanez |
Dimensions | 227 x 146 x 25mm (L x W x T) |
Format | Paperback |
Pages | 448 |
Edition | New Ed |
ISBN-13 | 978-0-674-02238-6 |
Barcode | 9780674022386 |
Categories | |
LSN | 0-674-02238-6 |