Expanding Competition in Regulated Industries (Topics in Regulatory Economics and Policy Book 37)

__Expanding Competition in Regulated Industries__ reviews the changing regulatory environment, notably incentive regulation and competition in regulated industries. Some of the major changes in electricity, gas, and telephone utilities allow for competition in local service through unbundling. This book is of interest to researchers, utility managers, regulatory commissions, and the Federal Government. Front Matter....Pages i-xii Regulatory Moral Hazard....Pages 1-21 Transmission — Enabler of Wholesale Competition....Pages 23-40 Are Electricity Markets Getting Closer Together....Pages 41-54 Preventing Exclusion at the Bottleneck....Pages 55-82 Universal Service Obligation....Pages 83-96 Dynamic Competition and Monopoly Regulation....Pages 97-115 Resale and the Growth of Competition in Wireless Telephony....Pages 117-148 Are Residential Local Exchange Prices Too Low?....Pages 149-168 Cost Standards for Efficient Competition....Pages 169-190 Cost Efficiency and Technology of Rural Telephone Companies....Pages 191-207