This paper provides a unified vision of a number of results that appeared in three separate streams of literature. The author emphasizes the strong parallelism between the results obtained in a number of papers that analyzed the relationships between price cap regulation, welfare maximization,...

This paper provides a unified vision of a number of results that appeared in three separate streams of literature. The author emphasizes the strong parallelism between the results obtained in a number of papers that analyzed the relationships between price cap regulation, welfare maximization,...

This paper provides a simple procedure that can be used in empirical works aimed at uncovering the preferences of regulators over consumers. The inverting procedure proposed by Ross (1984) for the case of a fully informed regulator is adapted to a regulatory situation characterised by price cap...