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    • Introduction to the economics of public services regulation

    Introduction to the economics of public services regulation

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    Udemy

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    Mode

    Online

    Fees

    ₹ 385 1299

    Quick Facts

    particular details
    Medium of instructions English
    Mode of learning Self study
    Mode of Delivery Video and Text Based

    Course and certificate fees

    Fees information
    ₹ 385  ₹1,299
    certificate availability

    Yes

    certificate providing authority

    Udemy

    The syllabus

    Setting the Stages

    • Overview
    • The Definition and Context of Regulation
    • A quick reminder on the basic theory of monopolies.
    • A first look at the regulation on monopolies
    • How to assess the size of the problem a regulator faces?
    • Stéphane Saussier - About deadweight loss
    • On the diversity and evolution of the theory of regulation
    • Module 1

    Insights on monopolies to set up their regulation

    • Overview
    • Getting progressively closer to real life
    • The game of regulation
    • Jose-Antonio Gomez-Ibanez - About the regulatory game
    • Some math to get some useful rules of thumbs
    • Math Insight : Deriving the Lerner index (or Inverse elasticity rule)
    • How to start thinking about the design of regulation in details?
    • Module 2

    Regulating monopolies with and without information gap

    • Overview
    • Brief reminder of key concepts
    • David Martimort - About agency theories
    • Optimal regulation under full information
    • Optimal regulation when regulators are uncertain about costs
    • Phil Burns - About regulatory practice
    • Why imperfect costs information makes regulation imperfect?
    • A first look at regulation in practice
    • Math Insight : Computing the Rate of Return (RoR)
    • Impact of information asymmetry on optimal regulatory choice
    • Math Insight : The drivers of regulatory options
    • Module 3

    Designing a regulation matching the Institutional Capacity of a country/sector

    • Overview
    • What if the government or regulator is not benevolent?
    • Tina Soreide - About corruption
    • What to do in case of non-benevolence?
    • Francesc Trillas - About regulatory institutions
    • Limited regulatory/Technical capacity
    • Limited commitment capacity
    • Limited accountability
    • Limited fiscal capacity
    • Summing up and comparing optimal solutions
    • Module 4

    An insight into the real world practice regulation

    • Overview
    • Moving from theory to practice
    • Putting real numbers on concepts
    • The key formula in the regulation of public service operators
    • Richard Schlirf - About the finances of regulation
    • Financial modeling and the coherence of regulation
    • Module 5

    Details on pricing techniques

    • Overview
    • Policy trade-offs and pricing techniques choices
    • Claude Crampes - About price discrimination
    • Pricing in practice
    • First-degree price discrimination
    • Second-degree price discrimination
    • Math Insight : Two-part tariffs
    • Math Insight : Pricing in segmentable markets (1) - Energy
    • Third-degree price discrimination
    • Math Insight : Pricing in segmentable markets (2) - The rules of Thumb
    • Final comments on pricing techniques
    • Module 6

    Pricing when regulators care about more than costs and price discrimination

    • Overview
    • Pricing access to networks ton interconnected firms
    • Tommaso Valletti - About consumer losses from pricing
    • Dealing with social concerns in regulation
    • Dealing with quality in regulation
    • Math Insight : Regulating quality
    • Dealing with multiple dimensions of quality in regulation
    • Institutional constraints on the regulation of quality
    • Fitting quality into the allowed regulated average price
    • Module 7

    Regulation in the context of privatization of public services

    • Overview
    • Jose-Luis Guasch - About renegociation
    • About the link between regulation and privatization
    • Emmanuelle Auriol - About public vs private financing
    • About the promises of the privatization
    • About how regulation fits into project finance in practice
    • About how regulation could fit into project finance in practice
    • About the future of public-private partnerships and their regulation
    • Module 8

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