Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10003815509
Persistent link: https://www.econbiz.de/10002496490
Persistent link: https://www.econbiz.de/10012159867
Persistent link: https://www.econbiz.de/10005210323
This paper demonstrates, in a dynamic model of monopoly regulation with price-cap, that a periodic price review may increase productive efficiency. When the firm's choice of cost-reducing effort depends on the volume of output supplied, a periodic revision allows the regulator to set more...
Persistent link: https://www.econbiz.de/10005148256
Persistent link: https://www.econbiz.de/10006754365