Topic is the topics about Electricity Sector Planning and Restructuring. I need

Question

Topic is the topics about Electricity Sector Planning and Restructuring. I need a theoretical apply or support of Privatization ( the process of transferring an enterprise or industry from the public sector to the private sector) by several ideas like Property Rights, Public-Choice, Principal-Agent, and Transaction Cost. That means for Privatization how those ideas like Property Rights, Public-Choice, Principal-Agent, and Transaction Cost helps. Need argument on it (Core argument looks like you are thinking that those ideas is needed for privatization or not )

The theoretical underpinnings of privatization reside in several constructs, most notably, Property Rights, Public-Choice, Principal-Agent, and Transaction Cost. a) What is the core argument presented in each of these constructs in support of privatization? (no more than one dot point for each construct with each dot point no more than four lines) Do you agree with the core arguments presented by you in a) above? (Yes or No - one word only, for each argument) b) Why? (no more than one dot point for each argument with each dot point no more than four lines)

Explanation / Answer

a)Ideas like property rights, public choice, principal-agent and transaction cost helps in privatisation as property rights helps in resolving the legal issues associated with privatisation and public choice would determine that the privatisation is in the best interest of public agency problem can arise because of conversion from public to private and principal-agent theory could help in resolving the same while keeping the transaction cost up to minimum

b. Yes
As the above argument would help in smooth transition between the conversion of public organisation to private organisation.

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