Regulation and Its Reform

Stephen Breyer

    Introduction

    PART 1: A Theory of Regulation

    1. Typical Justifications for Regulation
    2. Cost-of-Service Ratemaking
    3. Historically Based Price Regulation
    4. Allocation under a Public Interest Standard
    5. Standard Setting
    6. Historically Based Allocation
    7. Individualized Screening
    8. Alternatives to Classical Regulation
    9. General Guidelines for Policy Makers

    PART 2: Appropriate Solutions

    10. Match and Mismatch
    11. Mismatch: Excessive Competition and Airline Regulation
    12. Mismatch: Excessive Competition and the Trucking Industry
    13. Mismatch: Rent Control and Natural Gas Field Prices
    14. Partial Mismatch: Spillovers and Environmental Pollution
    15. Problems of a Possible Match: Natural Monopoly and Telecommunications

    PART 3: Practical Reform

    16. From Candidate to Reform
    17. Generic Approaches to Regulatory Reform

    Appendix 1: The Regulatory Agencies

    Appendix 2: A Note on Administrative Law

    Further Reading

    Notes

    Index

  • Cover: Regulation and Its Reform

Stephen Breyer is Associate Justice of the Supreme Court of the United States.