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This comprehensive volume provides a state-of-the-art overview of regulatory economics and reviews the main theories, tools and domains of regulation. The book is divided into six parts: regulation in general; tools of regulation; social regulation; regulation of public utilities; regulation of non-natural-monopolies, and regulation of professions.
Regulation and Economics begins with a valuable introductory chapter on the law and economics of regulation followed by 17 concise chapters on specific subjects in regulation including highly topical matters such as regulation of banking, finance and insurance; energy markets and telecommunications; environmental and risk regulation. Providing an overview of the most important insights in regulatory economics and providing a useful access point to the more specialized literature in this area, this unique book will particularly benefit students of law and economics, as well as academics and government officials of regulatory agencies.