Description

Book Synopsis
Shows that we have only partial deregulation, a mixture of oligopoly structure with direct price control. This work also explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems.

The Unsustainable Costs of Partial Deregulation

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    A Hardback by Paul W. MacAvoy

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      Publisher: Yale University Press
      Publication Date: 27/07/2007
      ISBN13: 9780300121285, 978-0300121285
      ISBN10: 0300121288
      Also in:
      Central / national / federal government policies

      Description

      Book Synopsis
      Shows that we have only partial deregulation, a mixture of oligopoly structure with direct price control. This work also explores why this system leads to volatile and high prices, reduced investment, and low profitability, and what policy actions can be implemented to address these problems.

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