Regulation and administered contracts revisited: Lessons from transaction-cost economics for public utility regulation
dc.contributor.author | Crocker, Keith J. | en_US |
dc.contributor.author | Masten, Scott E. | en_US |
dc.date.accessioned | 2006-09-11T19:27:16Z | |
dc.date.available | 2006-09-11T19:27:16Z | |
dc.date.issued | 1996-01 | en_US |
dc.identifier.citation | Crocker, Keith J.; Masten, Scott E.; (1996). "Regulation and administered contracts revisited: Lessons from transaction-cost economics for public utility regulation." Journal of Regulatory Economics 9(1): 5-39. <http://hdl.handle.net/2027.42/47841> | en_US |
dc.identifier.issn | 0922-680X | en_US |
dc.identifier.issn | 1573-0468 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/47841 | |
dc.description.abstract | This article reexamines the administered contracts approach to regulation in light of recent empirical research that establishes the importance of transaction-costs in the organizational choice and design decisions. After reviewing the fundamentals of transaction cost reasoning and the franchise bidding-versus-regulation debate, the study surveys the empirical literature on franchise bidding, contracting, and vertical integration. The implications of transaction-cost theories for current policies toward pubic utility regulation and deregulation are also addressed. | en_US |
dc.format.extent | 2620342 bytes | |
dc.format.extent | 3115 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.language.iso | en_US | |
dc.publisher | Kluwer Academic Publishers; Springer Science+Business Media | en_US |
dc.subject.other | Economics / Management Science | en_US |
dc.subject.other | Industrial Organization | en_US |
dc.subject.other | Microeconomics | en_US |
dc.subject.other | Public Finance & Economics | en_US |
dc.title | Regulation and administered contracts revisited: Lessons from transaction-cost economics for public utility regulation | en_US |
dc.type | Article | en_US |
dc.subject.hlbsecondlevel | South Asian Languages and Cultures | en_US |
dc.subject.hlbsecondlevel | Southeast Asian and Pacific Languages and Cultures | en_US |
dc.subject.hlbsecondlevel | Business (General) | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.subject.hlbtoplevel | Humanities | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | University of Michigan School of Business Administration, 48109, Ann Arbor, MI, USA | en_US |
dc.contributor.affiliationother | Department of Economics, The Pennsylvania State University, 16802, University Park, PA, USA | en_US |
dc.contributor.affiliationumcampus | Ann Arbor | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/47841/1/11149_2004_Article_BF00134817.pdf | en_US |
dc.identifier.doi | http://dx.doi.org/10.1007/BF00134817 | en_US |
dc.identifier.source | Journal of Regulatory Economics | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
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