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Utility regulation in Britain has now entered a phase in which debate is no longer so much concerned with whether it is preferable to rival systems but with how to shape the'regulatory contract' in monopoly areas and, in potentially competitive areas, how to ensure rivalry.
Contributions from Robert Balling, Roger Bate, Sonja Boehmer-Christiansen, Deepak Lal and Thomas Gale Moore.
In this paper Michael 't Sas-Rolfes carefully examines the benefits and costs of reopening the trade in rhino products. He suggests a strategy for managing the opening of this trade to increase the probability that rhinos as a wild species will survive.