The economics of regulation :

Vol. I. Economic principles -- Introduction: the rationale of regulation and the proper role of economics -- The traditional issues in the pricing of the public utility services -- Marginal cost pricing -- The application of long- and short-run marginal costs -- Decreasing costs and price discrimination -- Rate-making in the presence of competition -- Qualifications: practibility, externalities, second-best and noneconomic considerations. Vol. II. Institutional issues -- Monopoly and protectionism -- Incentives and distortions -- Positive influences on public utility performance -- The role and definition of competition: natural monopoly -- Destructive competition and the quality of service -- The role and definition of competition: integration -- The institution of regulated monopoly: reprise.