This authoritative guide presents the reasons behind industry regulation and the legal basis for it. Text discusses calculating rate base and rate of return, cost allocation, and rate design. Added attention is given to many of the new market-oriented forms of regulation, such as service unbundling, equal access to bottleneck facilities, competitive contracting, managed competition in health care, and incentive regulation.

An authority on regulation who has served on the Council of Economic Advisers calls attention to the explosive growth in regulation since the late 1960s and its effects and examines movements for reform and deregulation

A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.

Committee Serial No. 14. pt. 1/v.1: Examines the ocean freight industry antitrust law exemptions on an individual case basis to determine levels of domestic noncompetitive shipping activities caused by the dual rate system used for conference and nonconference carriers. Includes submitted correspondence and statistics on shipping companies' operations (p. 186-1014). Hearing was held in NYC; pt. 1/v.2: Continuation of hearings on antitrust law exemptions in the ocean freight industry. Includes submitted correspondence and statistics on shipping companies' operation; pt. 1/v.4: Continuation of hearings examining monopoly within federally regulated industries. Focuses on the ocean freight industry and the need for additional regulation of federally chartered steamship conference rates and independent shippers rates. Includes numerous statistical insertions on shipping company operations; pt. 1/v.5: Continuation of hearings on purported shipping industry monopolistic practices; pt. 2/v.1: Continuation of hearings on antitrust problems in the ocean freight industry; pt. 2/v.2: Continuation of hearings on monopoly problems in the ocean freight shipping industry; pt. 3/v.1: Committee Serial No. 10. Continuation of investigation into allegations of antitrust violations by the ocean freight industry through use of secret gentlemen's agreements, discriminatory anticompetitive practices, and violations of conference agreements; pt. 3/v.2: Continuation of investigation into ocean freight shipping industry anticompetitive practices.

Risk and Return for Regulated Industries provides a much-needed, comprehensive review of how cost of capital risk arises and can be measured, how the special risks regulated industries face affect fair return, and the challenges that regulated industries are likely to face in the future. Rather than following the trend of broad industry introductions or textbook style reviews of utility finance, it covers the topics of most interest to regulators, regulated companies, regulatory lawyers, and rate-of-return analysts in all countries. Accordingly, the book also includes case studies about various countries and discussions of the lessons international regulatory procedures can offer. - Presents a unified treatment of the regulatory principles and practices used to assess the required return on capital - Addresses current practices before exploring the ways methods play out in practice, including irregularities, shortcomings, and concerns for the future - Focuses on developed economies instead of providing a comprehensive global reviews - Foreword by Stewart C. Myers