search query: @indexterm Telecommunications industry / total: 669
reference: 241 / 669
| Author: | Spiller, P. Vogelsang, I. |
| Title: | The institutional foundations of regulatory commitment in the UK: the case of telecommunications |
| Journal: | Journal of Institutional and Theoretical Economics
1997 : DEC, VOL. 153:4, p. 607-629 |
| Index terms: | ECONOMICS UNITED KINGDOM TELECOMMUNICATIONS INDUSTRY |
| Language: | eng |
| Abstract: | The paper tries to solve the following puzzle. Given that UK governments have, in principle, so much administrative discretion, how were the Conservative governments of the 1980s able to privatize the telecommunications, electricity, water, gas, and airport sectors so prone for administrative expropriation? The answer resides in the subtle use of processes and other institutional arrangements that limit regulatory discretion. The authors model these processes and contrast the workings of their model to the evolution of regulation in the UK telecommunications sector. |
SCIMA