Syllabus

Title
1282 Field Course: Regulatory Economics
Instructors
Univ.Prof. Dr. Klaus Gugler
Contact details
klaus.gugler@wu.ac.at
Type
PI
Weekly hours
3
Language of instruction
Englisch
Registration
09/18/23 to 09/24/23
Registration via LPIS
Notes to the course
Subject(s) Master Programs
Regulatory Economics
Dates
Day Date Time Room
Tuesday 10/10/23 08:30 AM - 01:00 PM D4.0.133
Tuesday 10/17/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 10/24/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 10/31/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 11/07/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 11/14/23 08:30 AM - 01:00 PM TC.5.18
Tuesday 11/21/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 11/28/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 12/05/23 08:30 AM - 01:00 PM D4.0.144
Tuesday 12/12/23 08:30 AM - 01:00 PM D4.0.144

On this page:

to top
Contents

The lecture tackles topics in regulation of network industries, e.g. electricity, gas, water, rail as well as telecommunication. Traditional question are how to regulate industries with natural monopoly characteristics? How should regulatory intervention look like in segments of industries, in which competition seems possible and beneficial?

to top
Learning outcomes

The aim is to present the main models and methods of regulatory economics. The students will be able to apply the latest theoretical and empirical findings to specific problems of regulation. The main empirical evidence will be presented.

to top
Attendance requirements

Attendance is mandatory, max. 2 absences without valid excuse

to top
Teaching/learning method(s)

Lecture with discussion of problem sets

to top
Assessment

Test 60% (min 40% at test), work in class (max 20%), presentation of problem set 20%

to top
Readings

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

to top
Availability of lecturer(s)

Office Hours: Thursday , 10.00 - 11.00

Building D4, 1st floor, Office: D4.1.030 (please note: the main entrance to the department is on the second floor!)

email: klaus.gugler@wu.ac.at

telephone: +43 (1) 31336-5444

to top
Other

Please be present in the first lecture!

to top
Unit details
Unit Date Contents
1 10.10.2023

Introduction, perfect competition versus monopoly, technology and costs
2 17.10.2023

Contestable markets and the war of attrition, why regulate natural monopolies?
3 24.10.2023

Price regulation by a fully informed regulator
4 31.10.2023

Cost of service and rate of return regulation
5 07.11.2023
Incentive regulation
6 14.11.2023

Regulation under adverse selection
7 22.11.2023
Assignments
8 28.11.2023
Assignments
9 05.12.2023

Assignments
10 12.12.2023
Test
Last edited: 2023-10-02



Back