REGULATION DEREGULATION REGULATION INSTITUTION PERSPECTIVE
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- Author: MICHEL GHERTMAN
- ISBN: 9781847209689
- Availability: In Stock
Buy REGULATION DEREGULATION REGULATION INSTITUTION PERSPECTIVE | Law Books , FOREIGN BOOKS
Building on Oliver Williamson’s original analysis, the
contributors introduce new ideas, different perspectives and provide tools for
better understanding changes in the approach to regulation, the reform of
public utilities, and the complex problems of governance. They draw largely
upon a transaction cost approach, highlighting the challenges faced by major
economic sectors and identifying critical flaws in prevailing views on
regulation. Deeply rooted in sector analysis, the book conveys a central
message of new institutional economics: that theory should be continuously
confronted by facts, and reformed or revolutionized accordingly.
With its emphasis on the institutional
embeddedness of regulatory issues and the problems generated by the ‘benign
neglect’ of institutional factors in the reform of major public utilities, this
book will provide a wide-ranging audience with challenging views on the
dynamics of regulatory approaches. Economists, political scientists,
postgraduate students, researchers and policymakers with an interest in
institutional economics and economic organization will find the book to be a
stimulating and enlightening read.