Revista de análisis económico
versión On-line ISSN 0718-8870
SAAVEDRA, EDUARDO. THE HARD TASK OF REFORMING REGULATORY INSTITUTIONS. RAE [online]. 2011, vol.26, n.1, pp.3-16. ISSN 0718-8870. http://dx.doi.org/10.4067/S0718-88702011000100001.
Based on the book tribute to the Nobel Prize in Economics 2009 Oliver Williamson, this essay summarizes the fourteen chapters of the book and presents valuable applications to different issues of regulatory policy in Chile. Concludes this essay with a strong recommendation to policy makers and the applied academia to keep in mind a number of issues delivered by the new institutional economics, in particular those regarding reforms in the areas of utilities and public infrastructure.