Coelli (economics, U. of Queensland, Australia) and Lawrence (Meyrick and Associates, Australia) bring together 12 essays from academic researchers, regulators, and industry consultants that cover a range of issues concerning performance measurement in network industries (electricity, gas, water, telecommunications, railways, airlines, et cetera). The bulk of the papers are empirical in nature, applying such measuring techniques as data envelopment analysis, stochastic frontier analysis, and total factor productivity to detailed firm-level data sets taken from the US, UK, Norway, Austria, the Netherlands, Australia, and New Zealand. These studies comprise both post facto assessments of regulatory change impacts and attempts to inform current regulatory price determination processes. Also included are a few papers that survey past empirical studies, provide a case study of the use of performance measures in regulatory price setting, and discuss linkages between incentive regulation theory and performance measurement techniques. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)