Is Economic Regulation Possible? Arrow's Impossibility Theorem and the Management of Joint Use Infrastructure
Economic regulation is portrayed as the objective application of clear economic theory to data in order to develop outcomes which overcome the problems associated with natural monopoly in a non-political, unbiased fashion. However, is the appearance of objectivity only skin-deep? This paper argues...
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| Format: | Conference Paper |
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PATREC
2007
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| Online Access: | http://www.patrec.org http://hdl.handle.net/20.500.11937/46835 |