4.5 Natural Monopoly Regulation - Readings

Recommended Readings and Primary Sources:

Journal Articles

• Demsetz, 1968, “Why Regulate Utilities?”
• DiLorenzo, 1996, “The Myth of Natural Monopoly”
• Thierer, 1994, “Unnatural Monopoly: Critical Moments in the Development of the Bell System Monopoly”

Textbook

• 24.1-24.3 on Regulation Rationales, 25.1 for Natural Monopoly Price Regulation in Jeffrey Church and Roger WareIndustrial Organization: A Strategic Approach (New York: McGraw-Hill, 2000).
  
  Again, there is a free PDF from the authors.