Title of article
Strategic sharing in regulatory regimes
Author/Authors
Dennis L. Weisman، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2002
Pages
7
From page
361
To page
367
Abstract
A firm subject to price cap regulation (PCR) disciplines the regulator’s choice of entry-accommodation rule through a convex combination of earnings and effort sharing. The first-best level of cost-reducing effort is not achieved in this model even under pure PCR
Keywords
Efficiency , Sharing competition , Price cap regulation
Journal title
Economics Letters
Serial Year
2002
Journal title
Economics Letters
Record number
434944
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