TY  - BOOK
AU  - Train, Kenneth E.
TI  - Optimal regulation: the economic theory of natural monopoly
SN  - 9780262200844
U1  - 338.82 TRA 
PY  - 1991///
CY  - Cambridge
PB  - The MIT Press
KW  - Competition
KW  - Economic models
KW  - Economic theory
KW  - Market forces
KW  - Monopolies
KW  - Trade regulation
N1  - Suggested by Prof. Diptiranjan Mahapatra; 2 Regulatory Mechanisms to Induce Optimal Outcomes for One-Product Natural Monopolies; Part II : the principles and logic of policy for change : economics and ethics; 3. Policies for dynamic change and transition : lessons from economic history and economic theory; 4. How some economic analyses have distorted the issues; 5. The ethics of intertemporal values and valuations; 6. Broad approaches to moral and political philosophy : converging perspectives; Part III : action around the world : progress, collaboration, equity; 8. Building national and international action; 10. Conclusion : how ideas change over time
N2  - Optimal Regulation addresses the central issue of regulatory economics--how to regulate firms in a way that induces them to produce and price optimally. It synthesizes an extensive literature on what constitutes optimality in various situations and what r
ER  -