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| Part I: Review of Firm Behavior and Market Theory | |
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| 1 | | | | The Role of Government. | | | | Viscusi, W. Kip, John M. Vernon, and Joseph E. Harrington. Economics of Regulation and Antitrust. 3rd Ed. Chaps. 1 and 2. (Hereafter "VVH".) | | | | | |
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| 2 | | | | Markets. | | | | VVH. Chap. 4. | | | | | |
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| 3 | | | | Markets cont’d. | | | | VVH. Chap. 5. | | | | | |
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| 4 | | | | The Dominant Firm and Strategic Competition. | | | | VVH. Chap. 6. | | | | | |
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| Part II: Economic Regulation | |
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| 5 | | | | Introduction to Economic Regulation. | | | | VVH. Chap. 10. | | | | | |
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| 6 | | | | Public Enterprise. | | | | VVH. Chap. 14. | | | | | |
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| 7 | | | | Regulating Natural Monopolies: Electric Power Example. | | | | VVH. Chaps. 11 and 12. | | | | | |
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| 8 | | | | Franchise Bidding: The Case of Cable Television. | | | | VVH. Chap. 13. | | | | | |
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| 9 | | | | Dynamic Issues in Natural Monopoly Regulation: Telecommunication Example. | | | | VVH. Chap. 15. | | | | | |
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| 10 | | | | Dynamic Issues in Natural Monopoly Regulation: Telecommunication Example 2. | | | | Council of Economic Advisors. Appendix 2: "Case Study of Finnish Wireless Cluster."
Klemperer, P. "How (not) to Run Auctions: The European 3G Telecom Auctions." Pp. 829-845. | | | | | |
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| 11 | | | | Transportation Regulation. | | | | VVH. Chap. 17. | | | | | |
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| 12 | | | | Review for Midterm Examination. | | | | | | | | | |
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| 13 | | | | | | | | | | | | Midterm Examination in Class, Closed Book. | |
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| 14 | | | | | | | | | | | | Midterm Examinations Returned. | |
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| 15 | | | | Problems of Regulation: The Case of UK Railway Privatisation. | | | | Pollitt, M. G., and A. J. Smith. "The Restructuring and Privatisation of British Rail: Was it really that bad?" Pp. 463-502. | | | | | |
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| 16 | | | | Problems of Regulation: The Case of Californian Electricity Deregulation. | | | | Joskow, P. "California’s Electricity Crisis." Pp. 365-388. | | | | | |
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| Part III: Social Regulation | |
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| 17 | | | | Externalities. | | | | VVH. Chap. 19. | | | | | |
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| 18 | | | | The Value of Life. | | | | VVH. Chap. 20. | | | | | |
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| 19 | | | | Environmental Regulation 1. | | | | VVH. Chap. 21.
Hahn, Robert W. "Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders." Pp. 95-114. | | | | | |
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| 20 | | | | Environmental Regulation 2: Markets for Clean Air. | | | | Joskow, P. L., R. Schmalensee, and E. M. Bailey. "The Market for Sulfur Dioxide Emissions." Pp. 669-85. | | | | | |
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| 21 | | | | Environmental Regulation 3: Regulating the Global Commons. | | | | Chichilinisky, G., and G. Heal. "Global Environmental Risks." Pp. 65-86. | | | | | |
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| 22 | | | | The Regulation of Workplace Safety. | | | | VVH. Chap. 23. | | | | | |
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| 23 | | | | Pharmaceuticals. | | | | VVH. Chap. 24. | | | | | |
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| 24 | | | | Regulation of the Internet: Should the State have Protected Napster? | | | | Klein, B., A. V. Lerner, and K. M. Murphy. "The Economics of Copyright 'Fair Use' in a Networked World." Pp. 204-208.
Boldrin, M., and D. Levine. "The Case Against Intellectual Property." Pp. 209-212.
Silva, F., and G. B. Ramello. "Sound Recording Market: The Ambiguous Case of Copyright and Piracy." Pp. 415-442. | | | | | |
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| 25 | | | | Conclusion. Revision for Final Exam. | | | | | | | | | |
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| 26 | | | | | | | | | | | | Final Exam. | |
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