The crisis of the regulatory commissions1970

Rate regulation, by F. Frankfurter and H. M. Hart, Jr.--Conflicting principles of public utility rate regulation, by A. P. Lerner.--Natural monopoly and its regulation, by R. A. Posner.--What can regulators regulate? The case of electricity, by G. J. Stigler and C. Friedland.--Comment, by R. H. Coase.--The effect of rate regulation on resource allocation in transportation, by G. Wilson.--Competitive policy for transportation? By M. J. Peck.--The economics of broadcasting and public policy, by R. H. Coase.--Monopoly and competition in television; some policy issues, by P. O. Steiner.--Carnegie, Ford, and public television, by S. White.--Performance, structure, and the goals of Civil Aeronautics Board regulation, by R. E. Caves.--The rationale for regulation of gas field prices, by P. W. MacAvoy.--Regulation of the field market for natural gas by the Federal Power Commission, by E. W. Kitch.--Reasonable rules for rate regulation; plausible policies for an imperfect world, by W. J. Baumol.--Controlling the rate of return on investment; a suggested plan, by E. W. Clemens.--Possible alternatives to direct regulation, by E. Renshaw.--Suggested further readings (p. 211-212).