Economic regulation and the social contract: an appraisal of recent developments in the social control of telecommunications.: An article from: Journal of Economic Issues

This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on September 1, 1994. The length of the article is 7066 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Public utility regulation has usually taken the form of rate-of-return requirements that tend to promote resource misallocation and distorted investment decisions. To counter this, traditional regulatory approaches have been restructured in recent years to make them more responsive to efficiency concerns. In the telecommunications sector, alternative approaches have typically revolved around the use of price-cap regulations, which serve as a form of social contract to guard the public interest. This type of regulation is usually accompanied by industry diversification and system modernization.

Citation Details
Title: Economic regulation and the social contract: an appraisal of recent developments in the social control of telecommunications.
Author: Edythe S. Miller
Publication:Journal of Economic Issues (Refereed)
Date: September 1, 1994
Publisher: Association for Evolutionary Economics
Volume: v28 Issue: n3 Page: p799(20)

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