Normative and positive theories of government regulation of business. Topics include natural monopoly, socially optimal monopoly pricing, regulation of multi-firm industries, competition policy. Selected empirical studies. Prerequisite: One of ECON 301, ECON 304, ECON 315, COMM 295.
Normative and positive theories of government regulation of business. Topics include natural monopoly, socially optimal monopoly pricing, regulation of multi-firm industries, competition policy. Selected empirical studies. Prerequisite: One of ECON 301, ECON 304, ECON 315, COMM 295.
