industry. Of particular interest is the differential impact of economic regulation on the development of fringe competition in … local telephone markets. Empirical results reveal that local telephone markets with price-cap regulation have witnessed less … imply that the widespread adoption of price-cap regulation by state public utility commissions has contributed to the slow …

In many countries hospital regulation undergoes fundamental change. In reaction to steadily increasing costs …, authorities switch from cost of service regulation to prospective payment systems (PPS). While it seems clear that this new scheme … pricing turns out to be more favorable, though not perfect. -- yardstick competition ; regulation ; hospital market …