Lantz, Björn - Handelshögskolan, Göteborgs Universitet - 2005
firms. It is shown that the fact that a standard monopolist regulated by a fixed revenue cap will raise its price above the … is based on a hybrid revenue cap defined as a linear function of quantity, it is the slope of the cap that determines its … if the cap is defined as a hybrid price-revenue cap. The general conclusion of this is that the slope of the hybrid cap …