Public Utility Economics
نویسندگان
چکیده
منابع مشابه
Public Utility Characteristics of Railways in India
To serve Indian economy railways carry different category of freight traffics like coal, iron ore, food grains, steel, fertilizer and mineral oil, etc. Dispersal of some of these freights is limited compared to other traffics which ambit of outreach is quite large. Food grains and fertilizers are such freights which reach wider section of population, transporting thereby railways carry off its ...
متن کاملBehavioural Public Economics : Extended
Alós-Ferrer and Granić (2012) present results from two *eld experiments on electoral reform, which were carried out alongside o-cial state and federal elections in Germany, in 2008 and 2009, respectively. Electors who had voted in the o-cial elections, which used the mixed-member proportional representation (MMPR) system, were given the opportunity to vote in an experimental election using the ...
متن کاملRegulation and Administered Contracts Revisited: Lessons from Transaction-Cost Economics for Public Utility Regulation 1
This article reexamines the administered contracts approach to regulation in light of recent empirical research that establishes the importance of transaction-costs in the organizational choice and design decisions. After reviewing the fundamentals of transaction cost reasoning and the franchise bidding-versus-regulation debate, the study surveys the empirical literature on franchise bidding, c...
متن کاملThe Relevance of Procedural Utility for Economics
This paper aims at showing the relevance of procedural utility for economics: people do not only care about outcomes, as usually assumed in economics, they also value the processes and conditions leading to outcomes. The psychological foundations of procedural utility are outlined and it is discussed how the concept differs from other related approaches in economics, like outcome utility, outco...
متن کاملWelfare Economics and Public Finance
This contribution deals firstly with the differences between market action and government action, and then explores the justification for government intervention based on concepts of economic efficiency and equity. The chapter then proceeds to discuss individual cases in which unregulated private market outcomes are generally considered to violate this criterion.
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 1942
ISSN: 0038-4038
DOI: 10.2307/1052624