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文章基本信息

  • 标题:Why Johnny Can’t Regulate: The Case of Natural Monopoly
  • 本地全文:下载
  • 作者:Henry Ergas
  • 期刊名称:Agenda
  • 印刷版ISSN:1322-1833
  • 电子版ISSN:1447-4735
  • 出版年度:2013
  • 卷号:20
  • 期号:1
  • 出版社:Australian National University
  • 摘要:This paper examines the difficulties inherent in regulation as a solution to market failure and, especially, to natural monopoly. It highlights the way regulation itself introduces new risks into the supply of natural monopoly services, including the risk of regulatory opportunism, and argues that delegating regulatory functions to 'independent' regulators does not in itself solve those risks
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