{"product_id":"price-level-regulation-for-diversified-public-utilities-von-ronald-braeutigam-jordan-j-hillman","title":"Price Level Regulation for Diversified Public Utilities","description":"\u003cp\u003eand Statement of Purpose.- 1 The Inefficacy of Profit Level Regulation for the Natural Monopoly Markets of Diversified Firms.- A. An Economic Overview.- 1. Economic Rationale for Regulation.- 2. Economic Goals of Natural Monopoly Regulation.- 3. Incentives Under Rate of Return Regulation.- B. A Legal Overview.- 1. A View from the MFJ: A Selective Approach to Intermarket Subsidies.- 2. A View from the FCC: Cost Allocation and Transfer Pricing.- 3. A View from the States: Transfer Pricing.- 4. The Uses and Abuses of ¿Stand Alone¿ Costs.- 5. Regulating the Structure of Diversified Utilities Under Profit Level Regulation.- 6. Summary: Profit Level Regulation and Diversification.- 2 The Welfare Ingredients of Price Level Regulation: Incentives and Decisional Options.- A. The Firm¿s Incentives and their Welfare Implications.- B. Major Decisional Issues in a Price Level Regime.- 1. Defining the Market Scope of a Price Level Regime.- 2. Determining Initial Price Levels.- a. Aggregate Levels.- b. Price Relationships.- 3. Price Level Adjustments.- a. Programmed Adjustments: Inflation and Productivity.- b. Non-Programmed Adjustments: Material and Irregular Exogenous Cost Changes.- c. Adjusting for Differential Costs and Demand Factors.- 4. Price Structure and Relationships: Aggregate and Disaggregate Ceilings.- 3 Assessing the Efficacy of Price Level Regulation for the Natural Monopoly Markets of Diversified Firms.- A. Potential Benefits of Price Level Regulation.- 1. Productive Efficiency and Innovation in Natural Monopoly Markets.- 2. Allocative Efficiency.- a. Pricing in Natural Monopoly Markets.- b. Pricing and Output in Unregulated Markets.- 3. Reducing the Costs of Regulation.- B. Potential Problems of Price Level Regulation.- 1. Potential Pricing Problems.- 2. Potential Problems of Service Coverage and Quality.- 3. The Potential Problem Of Errant Indices.- 4. Potential Limitations on Efficiency from Oversight Standards and Monitoring Procedures.- 5. Problems in Defining the Constitutional Entitlements of Investors and Consumers Under a Price Level Regime.- 4 Implementing a Price Level Regime for Diversified Public Utilities.- A. As Applied to the Firm¿s Natural Monopoly Markets.- 1. Structuring an Efficient Process for Efficacious Decisions.- 2. Maintaining Efficiency Incentives Through Minimal Recourse to Profit Level Standards.- B. As Applied to Relationships between the Diversified Firm¿s Regulated and Unregulated Markets.- 1. Responsibilities of the Diversified Firm for the Provision of Natural Monopoly Services.- 2. The Regulator¿s Antitrust Role in the Diversified Firm¿s ¿Unregulated¿ Markets.- Conclusion.- Endnotes.- Afterword.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9780792390282\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9781461289005\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Hardcover - 9780792390282","offer_id":51376335494,"sku":"9780792390282","price":106.99,"currency_code":"EUR","in_stock":true},{"title":"Softcover - 9781461289005","offer_id":39415691706461,"sku":"9781461289005","price":106.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/26dc943d-458a-45cf-bced-06496f98899a.jpg?v=1781324598","url":"https:\/\/shop.autorenwelt.de\/products\/price-level-regulation-for-diversified-public-utilities-von-ronald-braeutigam-jordan-j-hillman","provider":"Autorenwelt Shop","version":"1.0","type":"link"}