Regulatory failure and renewal :: the evolution of the natural monopoly contract /
"Regulatory Failure and Renewal develops a framework to understand the choice of regulatory instrument used in Canada for natural monopolies such as telephone companies, water utilities, streetcars, hydroelectricity, and railways from the 1880s to the 1930s. Using the transaction-cost literatur...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Montreal ; Kingston ; London ; Chicago :
McGill-Queen's University Press,
2022.
|
Ausgabe: | Second edition. |
Schriftenreihe: | Carleton library series ;
260. |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | "Regulatory Failure and Renewal develops a framework to understand the choice of regulatory instrument used in Canada for natural monopolies such as telephone companies, water utilities, streetcars, hydroelectricity, and railways from the 1880s to the 1930s. Using the transaction-cost literature pioneered by Oliver Williamson, John Baldwin examines the nature of contractual failure in Canada in natural monopoly cases, asking why initial forms of contracts between the state and private enterprise failed and why this failure so often resulted in the use of public enterprise. Baldwin outlines early attempts to deal with natural monopolies--from the use of a franchise contract to regulatory tribunals and finally to public enterprise--and compares Canadian experiences to US approaches, which turned more frequently to regulatory tribunals. This difference is due to Canada's more limited constraints on the state's ability to exercise coercive power, which sometimes leads to contractual failure that results in replacing franchise and regulatory frameworks with public enterprise. Regulatory Failure and Renewal demonstrates that public enterprise arose not so much as part of a purposive choice but because of reoccurring failures in the contractual process between the Canadian state and private enterprise."-- |
Beschreibung: | 1 online resource. |
Bibliographie: | Includes bibliographical references. |
ISBN: | 9780228012450 0228012457 |
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245 | 1 | 0 | |a Regulatory failure and renewal : |b the evolution of the natural monopoly contract / |c John R. Baldwin ; a new edition with a foreword by Stanley Winer and an introduction by Ian Keay. |
250 | |a Second edition. | ||
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504 | |a Includes bibliographical references. | ||
520 | |a "Regulatory Failure and Renewal develops a framework to understand the choice of regulatory instrument used in Canada for natural monopolies such as telephone companies, water utilities, streetcars, hydroelectricity, and railways from the 1880s to the 1930s. Using the transaction-cost literature pioneered by Oliver Williamson, John Baldwin examines the nature of contractual failure in Canada in natural monopoly cases, asking why initial forms of contracts between the state and private enterprise failed and why this failure so often resulted in the use of public enterprise. Baldwin outlines early attempts to deal with natural monopolies--from the use of a franchise contract to regulatory tribunals and finally to public enterprise--and compares Canadian experiences to US approaches, which turned more frequently to regulatory tribunals. This difference is due to Canada's more limited constraints on the state's ability to exercise coercive power, which sometimes leads to contractual failure that results in replacing franchise and regulatory frameworks with public enterprise. Regulatory Failure and Renewal demonstrates that public enterprise arose not so much as part of a purposive choice but because of reoccurring failures in the contractual process between the Canadian state and private enterprise."-- |c Provided by publisher. | ||
505 | 0 | |a Cover -- Copyright -- Contents -- Foreword to the New Edition -- Introduction to the New Edition -- Preface -- Foreword -- 1 Introduction -- 2 A Theory of Natural Monopoly Regulation -- Natural Monopoly and the Need for a Regulatory Agent -- The Cause of Transactions Failures -- Transactions Failure and Regulation -- Conclusion -- 3 The Transition from Franchise Contract to Regulatory Tribunal in the United States -- The Emergence of the Utility Sector -- The Early Evolution of the Regulatory System -- Regulation as a Contract -- Flexible Regulatory Contracts | |
505 | 8 | |a Property Rights and the Role of the Judiciary -- Conclusion -- 4 Public Enterprise in the Canadian Railway Industry -- The Conventional View -- The Contractual Process and Transactions Failure -- Moral Hazard and Regulatory Failure -- The Demise of the Grank Trunk -- Confiscation During the Expropriation Process -- Conclusion -- 5 Judicial Constraints in Canada and the Evolution of the Regulatory Process -- The Role of the Judiciary in Canada -- Common Law and Confiscation -- The Evolution of Rulings on Regulation and Confiscation -- The Evolution of Regulation via Independent Tribunal | |
505 | 8 | |a Nova Scotia -- New Brunswick -- Alberta -- Conclusion -- 6 The Evolution of the Regulatory Contract in the Nineteenth Century -- Water and Municipalization -- Voluntary Regulation in the Gas Industry -- Tramways and Regulation by Contract -- Conclusion -- 7 British Columbia: Honour and Circumstance -- Regulation by Independent Tribunal Avoided -- Historical Development (1896-1917) -- Renegotiation of the Regulatory Contract -- Conclusion -- 8 Bell Canada: Business Strategy and Federal Protection -- Historical Development -- Conclusion -- 9 Manitoba: Public Enterprise Accompanied by Regulation | |
505 | 8 | |a The Expropriation of Bell Canada's Manitoba Operations -- Competition between Private and Public Utilities in the Electrical Industry -- Conclusion -- 10 The Creation of Ontario Hydro: The Franchise Contract Repudiated -- Historical Development -- The Demise of the Franchise Contract -- The Private Sector -- Emergence of Ontario Hydro -- Opportunism -- The Conmee Clause -- The Power Generating Clause -- Protection from Judicial Review -- The Disposition of the Toronto Electric Light Company and the Toronto Railway Company -- Conclusion | |
505 | 8 | |a 11 Utilities in Quebec from 1890 to 1935: Unfettered Development in Electricity Accompanied by Cost of Service Regulation for the Transit Industry -- Historical Developments in Montral -- Regulatory History -- The Evolution of the Montreal Tramways Contract -- Quebec City: 1929-35 -- Conclusion -- 12 Conclusion -- The Choice of Regulatory Instrument -- The Theory of Instrument Choice -- Notes -- List of Tables -- Bibliography | |
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author | Baldwin, John R. (John Russel), 1945- |
author_GND | http://id.loc.gov/authorities/names/n2002099563 |
author_facet | Baldwin, John R. (John Russel), 1945- |
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contents | Cover -- Copyright -- Contents -- Foreword to the New Edition -- Introduction to the New Edition -- Preface -- Foreword -- 1 Introduction -- 2 A Theory of Natural Monopoly Regulation -- Natural Monopoly and the Need for a Regulatory Agent -- The Cause of Transactions Failures -- Transactions Failure and Regulation -- Conclusion -- 3 The Transition from Franchise Contract to Regulatory Tribunal in the United States -- The Emergence of the Utility Sector -- The Early Evolution of the Regulatory System -- Regulation as a Contract -- Flexible Regulatory Contracts Property Rights and the Role of the Judiciary -- Conclusion -- 4 Public Enterprise in the Canadian Railway Industry -- The Conventional View -- The Contractual Process and Transactions Failure -- Moral Hazard and Regulatory Failure -- The Demise of the Grank Trunk -- Confiscation During the Expropriation Process -- Conclusion -- 5 Judicial Constraints in Canada and the Evolution of the Regulatory Process -- The Role of the Judiciary in Canada -- Common Law and Confiscation -- The Evolution of Rulings on Regulation and Confiscation -- The Evolution of Regulation via Independent Tribunal Nova Scotia -- New Brunswick -- Alberta -- Conclusion -- 6 The Evolution of the Regulatory Contract in the Nineteenth Century -- Water and Municipalization -- Voluntary Regulation in the Gas Industry -- Tramways and Regulation by Contract -- Conclusion -- 7 British Columbia: Honour and Circumstance -- Regulation by Independent Tribunal Avoided -- Historical Development (1896-1917) -- Renegotiation of the Regulatory Contract -- Conclusion -- 8 Bell Canada: Business Strategy and Federal Protection -- Historical Development -- Conclusion -- 9 Manitoba: Public Enterprise Accompanied by Regulation The Expropriation of Bell Canada's Manitoba Operations -- Competition between Private and Public Utilities in the Electrical Industry -- Conclusion -- 10 The Creation of Ontario Hydro: The Franchise Contract Repudiated -- Historical Development -- The Demise of the Franchise Contract -- The Private Sector -- Emergence of Ontario Hydro -- Opportunism -- The Conmee Clause -- The Power Generating Clause -- Protection from Judicial Review -- The Disposition of the Toronto Electric Light Company and the Toronto Railway Company -- Conclusion 11 Utilities in Quebec from 1890 to 1935: Unfettered Development in Electricity Accompanied by Cost of Service Regulation for the Transit Industry -- Historical Developments in Montral -- Regulatory History -- The Evolution of the Montreal Tramways Contract -- Quebec City: 1929-35 -- Conclusion -- 12 Conclusion -- The Choice of Regulatory Instrument -- The Theory of Instrument Choice -- Notes -- List of Tables -- Bibliography |
ctrlnum | (OCoLC)1292557011 |
dewey-full | 338.6/20971 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.6/20971 |
dewey-search | 338.6/20971 |
dewey-sort | 3338.6 520971 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
edition | Second edition. |
format | Electronic eBook |
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publishDate | 2022 |
publishDateSearch | 2022 |
publishDateSort | 2022 |
publisher | McGill-Queen's University Press, |
record_format | marc |
series | Carleton library series ; |
series2 | Carleton library series ; |
spelling | Baldwin, John R. (John Russel), 1945- author. https://id.oclc.org/worldcat/entity/E39PBJwtpRyMCTgMGKf6CGdfbd http://id.loc.gov/authorities/names/n2002099563 Regulatory failure and renewal : the evolution of the natural monopoly contract / John R. Baldwin ; a new edition with a foreword by Stanley Winer and an introduction by Ian Keay. Second edition. 202203 Montreal ; Kingston ; London ; Chicago : McGill-Queen's University Press, 2022. 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier Carleton library series ; 260 Includes bibliographical references. "Regulatory Failure and Renewal develops a framework to understand the choice of regulatory instrument used in Canada for natural monopolies such as telephone companies, water utilities, streetcars, hydroelectricity, and railways from the 1880s to the 1930s. Using the transaction-cost literature pioneered by Oliver Williamson, John Baldwin examines the nature of contractual failure in Canada in natural monopoly cases, asking why initial forms of contracts between the state and private enterprise failed and why this failure so often resulted in the use of public enterprise. Baldwin outlines early attempts to deal with natural monopolies--from the use of a franchise contract to regulatory tribunals and finally to public enterprise--and compares Canadian experiences to US approaches, which turned more frequently to regulatory tribunals. This difference is due to Canada's more limited constraints on the state's ability to exercise coercive power, which sometimes leads to contractual failure that results in replacing franchise and regulatory frameworks with public enterprise. Regulatory Failure and Renewal demonstrates that public enterprise arose not so much as part of a purposive choice but because of reoccurring failures in the contractual process between the Canadian state and private enterprise."-- Provided by publisher. Cover -- Copyright -- Contents -- Foreword to the New Edition -- Introduction to the New Edition -- Preface -- Foreword -- 1 Introduction -- 2 A Theory of Natural Monopoly Regulation -- Natural Monopoly and the Need for a Regulatory Agent -- The Cause of Transactions Failures -- Transactions Failure and Regulation -- Conclusion -- 3 The Transition from Franchise Contract to Regulatory Tribunal in the United States -- The Emergence of the Utility Sector -- The Early Evolution of the Regulatory System -- Regulation as a Contract -- Flexible Regulatory Contracts Property Rights and the Role of the Judiciary -- Conclusion -- 4 Public Enterprise in the Canadian Railway Industry -- The Conventional View -- The Contractual Process and Transactions Failure -- Moral Hazard and Regulatory Failure -- The Demise of the Grank Trunk -- Confiscation During the Expropriation Process -- Conclusion -- 5 Judicial Constraints in Canada and the Evolution of the Regulatory Process -- The Role of the Judiciary in Canada -- Common Law and Confiscation -- The Evolution of Rulings on Regulation and Confiscation -- The Evolution of Regulation via Independent Tribunal Nova Scotia -- New Brunswick -- Alberta -- Conclusion -- 6 The Evolution of the Regulatory Contract in the Nineteenth Century -- Water and Municipalization -- Voluntary Regulation in the Gas Industry -- Tramways and Regulation by Contract -- Conclusion -- 7 British Columbia: Honour and Circumstance -- Regulation by Independent Tribunal Avoided -- Historical Development (1896-1917) -- Renegotiation of the Regulatory Contract -- Conclusion -- 8 Bell Canada: Business Strategy and Federal Protection -- Historical Development -- Conclusion -- 9 Manitoba: Public Enterprise Accompanied by Regulation The Expropriation of Bell Canada's Manitoba Operations -- Competition between Private and Public Utilities in the Electrical Industry -- Conclusion -- 10 The Creation of Ontario Hydro: The Franchise Contract Repudiated -- Historical Development -- The Demise of the Franchise Contract -- The Private Sector -- Emergence of Ontario Hydro -- Opportunism -- The Conmee Clause -- The Power Generating Clause -- Protection from Judicial Review -- The Disposition of the Toronto Electric Light Company and the Toronto Railway Company -- Conclusion 11 Utilities in Quebec from 1890 to 1935: Unfettered Development in Electricity Accompanied by Cost of Service Regulation for the Transit Industry -- Historical Developments in Montral -- Regulatory History -- The Evolution of the Montreal Tramways Contract -- Quebec City: 1929-35 -- Conclusion -- 12 Conclusion -- The Choice of Regulatory Instrument -- The Theory of Instrument Choice -- Notes -- List of Tables -- Bibliography Government business enterprises Canada. Government business enterprises Law and legislation Canada. Government corporations Canada. Trade regulation Canada. Conflict of laws Government business enterprises Canada. Entreprises publiques Canada. Commerce Réglementation Canada. Entreprises publiques (Droit international privé) Canada. Conflict of laws Government business enterprises fast Government business enterprises fast Government business enterprises Law and legislation fast Government corporations fast Trade regulation fast Canada fast https://id.oclc.org/worldcat/entity/E39PBJkMHVW4rfVXPrhVP4VwG3 Natural monopolies. private property rights. regulatory agency. transaction failure. utilities. has work: Regulatory failure and renewal (Text) https://id.oclc.org/worldcat/entity/E39PCFCBDrdBKxY7VddVg6Vt8C https://id.oclc.org/worldcat/ontology/hasWork Print version: Baldwin, John R. (John Russel), 1945- Regulatory failure and renewal. Second edition. Montreal ; Kingston ; London ; Chicago : McGill-Queen's University Press, 2022 0228011817 9780228011811 (OCoLC)1274199104 Carleton library series ; 260. http://id.loc.gov/authorities/names/n84722564 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=3561912 Volltext |
spellingShingle | Baldwin, John R. (John Russel), 1945- Regulatory failure and renewal : the evolution of the natural monopoly contract / Carleton library series ; Cover -- Copyright -- Contents -- Foreword to the New Edition -- Introduction to the New Edition -- Preface -- Foreword -- 1 Introduction -- 2 A Theory of Natural Monopoly Regulation -- Natural Monopoly and the Need for a Regulatory Agent -- The Cause of Transactions Failures -- Transactions Failure and Regulation -- Conclusion -- 3 The Transition from Franchise Contract to Regulatory Tribunal in the United States -- The Emergence of the Utility Sector -- The Early Evolution of the Regulatory System -- Regulation as a Contract -- Flexible Regulatory Contracts Property Rights and the Role of the Judiciary -- Conclusion -- 4 Public Enterprise in the Canadian Railway Industry -- The Conventional View -- The Contractual Process and Transactions Failure -- Moral Hazard and Regulatory Failure -- The Demise of the Grank Trunk -- Confiscation During the Expropriation Process -- Conclusion -- 5 Judicial Constraints in Canada and the Evolution of the Regulatory Process -- The Role of the Judiciary in Canada -- Common Law and Confiscation -- The Evolution of Rulings on Regulation and Confiscation -- The Evolution of Regulation via Independent Tribunal Nova Scotia -- New Brunswick -- Alberta -- Conclusion -- 6 The Evolution of the Regulatory Contract in the Nineteenth Century -- Water and Municipalization -- Voluntary Regulation in the Gas Industry -- Tramways and Regulation by Contract -- Conclusion -- 7 British Columbia: Honour and Circumstance -- Regulation by Independent Tribunal Avoided -- Historical Development (1896-1917) -- Renegotiation of the Regulatory Contract -- Conclusion -- 8 Bell Canada: Business Strategy and Federal Protection -- Historical Development -- Conclusion -- 9 Manitoba: Public Enterprise Accompanied by Regulation The Expropriation of Bell Canada's Manitoba Operations -- Competition between Private and Public Utilities in the Electrical Industry -- Conclusion -- 10 The Creation of Ontario Hydro: The Franchise Contract Repudiated -- Historical Development -- The Demise of the Franchise Contract -- The Private Sector -- Emergence of Ontario Hydro -- Opportunism -- The Conmee Clause -- The Power Generating Clause -- Protection from Judicial Review -- The Disposition of the Toronto Electric Light Company and the Toronto Railway Company -- Conclusion 11 Utilities in Quebec from 1890 to 1935: Unfettered Development in Electricity Accompanied by Cost of Service Regulation for the Transit Industry -- Historical Developments in Montral -- Regulatory History -- The Evolution of the Montreal Tramways Contract -- Quebec City: 1929-35 -- Conclusion -- 12 Conclusion -- The Choice of Regulatory Instrument -- The Theory of Instrument Choice -- Notes -- List of Tables -- Bibliography Government business enterprises Canada. Government business enterprises Law and legislation Canada. Government corporations Canada. Trade regulation Canada. Conflict of laws Government business enterprises Canada. Entreprises publiques Canada. Commerce Réglementation Canada. Entreprises publiques (Droit international privé) Canada. Conflict of laws Government business enterprises fast Government business enterprises fast Government business enterprises Law and legislation fast Government corporations fast Trade regulation fast |
title | Regulatory failure and renewal : the evolution of the natural monopoly contract / |
title_auth | Regulatory failure and renewal : the evolution of the natural monopoly contract / |
title_exact_search | Regulatory failure and renewal : the evolution of the natural monopoly contract / |
title_full | Regulatory failure and renewal : the evolution of the natural monopoly contract / John R. Baldwin ; a new edition with a foreword by Stanley Winer and an introduction by Ian Keay. |
title_fullStr | Regulatory failure and renewal : the evolution of the natural monopoly contract / John R. Baldwin ; a new edition with a foreword by Stanley Winer and an introduction by Ian Keay. |
title_full_unstemmed | Regulatory failure and renewal : the evolution of the natural monopoly contract / John R. Baldwin ; a new edition with a foreword by Stanley Winer and an introduction by Ian Keay. |
title_short | Regulatory failure and renewal : |
title_sort | regulatory failure and renewal the evolution of the natural monopoly contract |
title_sub | the evolution of the natural monopoly contract / |
topic | Government business enterprises Canada. Government business enterprises Law and legislation Canada. Government corporations Canada. Trade regulation Canada. Conflict of laws Government business enterprises Canada. Entreprises publiques Canada. Commerce Réglementation Canada. Entreprises publiques (Droit international privé) Canada. Conflict of laws Government business enterprises fast Government business enterprises fast Government business enterprises Law and legislation fast Government corporations fast Trade regulation fast |
topic_facet | Government business enterprises Canada. Government business enterprises Law and legislation Canada. Government corporations Canada. Trade regulation Canada. Conflict of laws Government business enterprises Canada. Entreprises publiques Canada. Commerce Réglementation Canada. Entreprises publiques (Droit international privé) Canada. Conflict of laws Government business enterprises Government business enterprises Government business enterprises Law and legislation Government corporations Trade regulation Canada |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=3561912 |
work_keys_str_mv | AT baldwinjohnr regulatoryfailureandrenewaltheevolutionofthenaturalmonopolycontract |