Is Economic Regulation Possible? Arrow's Impossibility Theorem and the Management of Joint Use Infrastructure

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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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Bibliographic Details
Main Author:	Wills-Johnson, Nick
Format:	Conference Paper
Published:	PATREC 2007
Subjects:	Arrow Regulation
Online Access:	http://www.patrec.org http://hdl.handle.net/20.500.11937/46835

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