Natural monopoly regulation: Principles and practice
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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.