Regulating Infrastructure: Monopoly, Contracts, and Discretion
Regulating Infrastructure: Monopoly, Contracts and Discretionis a book that merges the modern economics of the firm with traditional regulatory concerns in an original and provocative way.  It is a valuable contribution to the literature that should be read by anyone concerned with redefining regulation for the new Century. (Michael E. Levine, Yale Law School)Gómez-Ibáñez uses a rich set of case studies to analyse how and why...different institutional designs are chosen and reformed. The author's range is exceptionally wide: Sri Lanka, the U.S., Britain and Argentina; he tackles telecommunications, railroads, airlines, electricity, buses and water; and spans time periods from the 1950s to today. The result is a remarkable array of examples, information and analyses. In explaining institutional design, he offers a series of fascinating arguments using opportunism and transaction-cost analysis as a starting point rather than as a constraining simplifying theme. (Mark ThatcherTimes Higher Education Supplement2004-06-11)