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Strategic Behaviour in Network Industries - A Multidisciplinary Approach (Hardcover)
Loot Price: R3,069
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Strategic Behaviour in Network Industries - A Multidisciplinary Approach (Hardcover)
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This in-depth book explains how institutional changes such as the
privatization and liberalization of network industries, for example
transport, energy or telecommunications, can frequently be
disappointing. The expected benefits such as lower prices,
innovation and better services fail to materialize, often because
the number of competitors is low. The authors demonstrate how
strategic actor behaviour of one or more of the firms involved can
help explain these disappointing results. This book elucidates the
concept of 'strategic behaviour' and portrays it in real-life
examples to aid our understanding of this important phenomenon in
terms of policy and organizational decision-making. It clearly
demonstrates the adverse effects strategic behaviour can exert on
the quality of infrastructure provision after liberalization. The
theoretical sections are backed by empirical examples from
throughout the world. The unique multidisciplinary approach will
ensure a broad readership among students, researchers and
policy-makers with an interest in the economics, politics and
management of infrastructure and network industries.
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