In The Line in the Sand: The Shifting Boundary Between Markets and Regulation in Network Industries, following a retrospective foreword by Alfred Kahn, 30 of NERA’s internationally recognized expert economists analyze shifts in the boundary between those industry segments that are subject to regulation and those facing market forces, the impact those shifts are having today, and the implications of these trends for future developments in key network industries, especially electricity.

The Line in the Sand: The Shifting Boundary Between Markets and Regulation in Network Industries explores some of the most important issues in regulatory economics today—issues at the forefront of the shifts from regulation to deregulation (and sometimes back), including:

• Are markets an appropriate way to discipline network industries?
• How real is the nascent revival of nuclear power?
• What are the long-term implications of changes in merger activity in the electricity industry?
• What regulatory and market mechanisms are emerging to deal with the carbon issues in the electricity industry?
• How can regulators and industry ensure security of power supply as market structures shift and evolve?
• What are the most effective strategies for procuring competitive generation services by regulated power distribution companies?
• Do customer choice and other economic techniques have a place in industries like water and transport?

The Line in the Sand: The Shifting Boundary Between Markets and Regulation in Network Industries reflects the thinking of some of the best minds in regulatory economics today. It is an invaluable tool for regulators, industry leaders, economists, academics, and others involved in the constantly changing regulatory issues in electricity and other network industries.

The Line in the Sand: The Shifting Boundary Between Markets and Regulation in Network Industries can be purchased from www.amazon.com with a cover price of $39.95.