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Product Identifiers
PublisherHarvard University Press
ISBN-100674169638
ISBN-139780674169630
eBay Product ID (ePID)249452
Product Key Features
Book TitleContrived Competition : Regulation and Deregulation in America
Number of Pages450 Pages
LanguageEnglish
Publication Year1996
TopicManagement, Public Policy / Economic Policy, Government & Business, Corporate & Business History
IllustratorYes
GenrePolitical Science, Business & Economics
AuthorRichard H. Vietor
FormatTrade Paperback
Dimensions
Item Height0.4 in
Item Weight21.9 Oz
Item Length9.3 in
Item Width6.3 in
Additional Product Features
Intended AudienceTrade
ReviewsThis is an important and well-written book, developing a subtle and complex argument. It focuses on the strengthening of the American regulatory tradition in the New Deal and the breakdown of regulation in the 1970s and 1980s, in airlines, gas, telecommunications, and banking...The result is a richly complex narrative., Richard Vietor has put all students of U.S. economic regulation in his debt with this penetrating study of four firms through five decades...For readers who want a graduate education in the subject there's no better place to begin., Contrived Competition seems almost certain to become a point of departure for a lively subsidiary literature testing and extending its insights...Vietor has brought together in an elegant framework a way of thinking about economic regulation. Researchers will acknowledge their debt to him by probing his model with questions and with their efforts to pin down with greater precision cause and effect relationships. What causes regulatory ossification? What leads firms to surrender rather than fight (AT&T comes to mind here)? What does the competition do? What weight should be put on CEO's 'visions?' Where do the restructuring ideas come from? Are the first mover advantages that important (they seem to be squandered in these cases as they were famously in automobiles so long ago)? Are regulated markets more shaken by macro-economic or regulatory change? Vietor has contrived to make us rethink the entire cycle of the regulatory epoch in American history.
Dewey Edition21
Dewey Decimal338.9/73
Table Of Content1. The Experiment with Economic Regulation 2. American Airlines 3. El Paso Natural Gas 4. AT&T 5. BankAmerica 6. Regulation in Perspective Tables Notes Acknowledgments Credits Index
SynopsisThis book explains how four major firms - American Airlines, El Paso Natural Gas, AT&T, and Bank America - and their respective managements were challenged by the deregulation of markets starting in the late 1970s. The four stories illustrate the process of market restructuring and organizational adjustment, as well as the ways in which managers and regulators learned to operate effectively as their economic and political environments shifted around them.
