内容简介
This2005textexplorestheimplicationsofabargainingperspectiveforinstitutionalgovernanceandpubliclawinderegulatedindustriessuchaselectricpowerandtelecommunications.Leadingmediaaccountsblamederegulatedmarketsforfailuresincompetitiverestructuringpolicies.However,theauthorarguesthatgovernmentalinstitutions,ofteninfluencedbyprivatestakeholders,shareblameforthedefectsinderegulatedmarkets.Thefirstpartofthebookexplorestheminimalrolethatjudicialinterventionplayedformuchofthetwentiethcenturyinpublicutilityindustriesandhowderegulationpresentsfreshopportunitiesandchallengesforpubliclaw.Thesecondpartofthebookexplorestheroleofpubliclawinaderegulatoryenvironment,focusingonthepositiveandnegativeincentivesitcreatesforthebehaviorofprivatestakeholdersandpublicinstitutionsinabargaining-focusedpoliticalprocess.