Regulating Infrastructure: Monopoly, Contracts, And Discretion-used Peter T. ' He Joked

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Regulating Infrastructure: Monopoly, Contracts, And Discretion-used Peter T. ' He JokedIn The 1980S And 90S Many Countries Turned To The Private Sector To Provide Infrastructure And Utilities, Such As Gas, Telephones, And Highwayswith The Idea That Marketbased Incentives Would Control Costs And Improve The Quality Of Essential Services. But Subsequent Debacles Including The Collapse Of Californias Wholesale Electricity Market And The Bankruptcy Of Britains Largest Railroad Company Have Raised Troubling Questions About Privatization.