Natural Monopoly Regulation : Principles and Practice (Paperback)

1. Introduction to regulatory economics; Part I. Optimal pricing and investment for natural monopolies: 2. Natural monopoly and the justification for regulation; 3. Efficient pricing using linear prices; 4. Efficient pricing using nonlinear prices; 5. Peak-load pricing; 6. Pricing and capacity under stochastic demand; 7. Sustainability of natural monopolies; Part II. Natural monopoly regulation in practice: 8. Regulation in practice: Why and how are firms regulated?; 9. Models of regulatory constraints; 10. Technological change under regulation; 11. Partial regulation, deregulation, and diversification; 12. Alternatives to traditional regulation.