… Blackmon's central message is that regulation inevitably affects the incentives of the … function is to regulateincentives, as much as it is to regulateprices. The challenge of regulation thus …
RR Braeutigam, JC Panzar - The RAND Journal of Economics, 1989 - JSTOR
… efficient diversification incentives may constitute another argument in favor of price-cap regulation, it should be noted that the usual caveats apply; that is, price-cap regulation in practice …
… incentives in regulation and procurement. Although we will sometimes allow product market competition, our main focus is on the regulation … under incentiveregulation or price caps.27 …
LO Façanha, M Resende - International Journal of Production Economics, 2004 - Elsevier
… incentiveregulation. In particular, one observes the growing popularity of price-cap regulation (PCR) as a result of its alleged efficiency-inducing properties, offering strong incentives for …
D Sibley - The RAND Journal of Economics, 1989 - JSTOR
… A regulatoryincentive … pricing, operating, and investment behavior by the firm. Finally, it is shown that the mechanism is closely related to recent proposals for price-cap regulation and …
S Littlechild - Review of Network Economics, 2003 - degruyter.com
… It is interesting that in one US state (Florida) that has adopted price cap incentiveregulation of … has recently made telephone answering times subject to the regulatoryincentive scheme. …
I Vogelsang - Journal of Regulatory Economics, 2002 - Springer
… , incentives in general and price caps in particular have breathed new life into public utility regulation. … important types of incentiveregulation I will therefore concentrate on price caps. …
RD Foreman - Information Economics and Policy, 1995 - Elsevier
In many price-cap regulation plans, such as those of AT&T and British Telecom, a weighted average of the prices for multiple services (baskets) must not exceed a specified level. This …
PL Joskow - Economic regulation and its reform: What have we …, 2014 - nber.org
… price, network access, service quality, and entry regulations. In several countries, an important part of the reform agenda has included the introduction of “incentiveregulation… ” regulation…