• 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