Table of Contents

1 Introduction.- 2 The Economics of Public Utility Regulation: An Overview.- Commentary by William M. Dugger.- 3 Pricing and the Electric Utility Industry.- Commentary by John Wenders.- 4 Telecommunications Regulation — The Continuing Dilemma.- Commentary by Basil L. Copeland, Jr..- 5 Natural Gas Pipelines and Monopoly.- Commentary by W. W. Sharkey.- 6 Urban Water Supply: The Divergence Between Theory and Practice.- Commentary by Alfred L. Parker.- 7 Natural Monopoly Measures and Regulatory Policy.- Commentary by Ronald R. Braeutigam.- 8 The Contribution of Economic Theory to the Regulatory Process: Strengths, Weaknesses, and Future Directions.