Price Cap Regulation Of Firms That Supply Their Rivals PDF Download
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Author | : Omar A Nayeem |
Publisher | : |
Total Pages | : 0 |
Release | : 2017 |
Genre | : |
ISBN | : |
Download Price-Cap Regulation of Firms that Supply Their Rivals Book in PDF, ePub and Kindle
We study price-cap regulation in a market in which a vertically integrated upstream monopolist sells an essential input to a downstream competitor. In the absence of regulation, entry benefits both firms, but may be detrimental to downstream consumers because the upstream monopolist can set a high input price that will push downstream prices above the monopoly level. However, if a regulator caps the incumbent's upstream and downstream prices, consumers and firms benefit from entry. Using a dynamic extension of the model, we explore the concern that price caps may induce incumbents to forgo cost-reducing investments and dampen entrants' incentives to self-provision the input.
Author | : Martin Shubik |
Publisher | : |
Total Pages | : 272 |
Release | : 2013-10-01 |
Genre | : |
ISBN | : 9780674433397 |
Download Market Structure and Behavior Book in PDF, ePub and Kindle
Author | : Michael A. Crew |
Publisher | : Springer Science & Business Media |
Total Pages | : 213 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 146156249X |
Download Pricing and Regulatory Innovations Under Increasing Competition Book in PDF, ePub and Kindle
This volume focuses on incentive regulation and competition. While much of the regulatory action is taking place in telecommunications, the impact of competition and the resultant regulatory change is being felt in other traditional public utilities including electricity. The book reviews topics including price caps, incentive regulation, market structure and new regulatory technologies.
Author | : George Joseph Stigler |
Publisher | : |
Total Pages | : 216 |
Release | : 1946 |
Genre | : Competition |
ISBN | : |
Download The Theory of Competitive Price Book in PDF, ePub and Kindle
Author | : Jean-Jacques Laffont |
Publisher | : MIT Press |
Total Pages | : 340 |
Release | : 2001 |
Genre | : Business & Economics |
ISBN | : 9780262621502 |
Download Competition in Telecommunications Book in PDF, ePub and Kindle
The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
Author | : Dennis W. Carlton |
Publisher | : Addison Wesley |
Total Pages | : 808 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : |
Download Modern Industrial Organization Book in PDF, ePub and Kindle
This text offers modern coverage of modern industrial organizations, including strategic behaviour and game theory. It uses a unified structure to analyse theories and empirical evidence about the organization of firms and indutries.
Author | : Michael A. Crew |
Publisher | : Springer Science & Business Media |
Total Pages | : 192 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 146155117X |
Download Regulation Under Increasing Competition Book in PDF, ePub and Kindle
Regulation Under Increasing Competition brings together practitioners, regulators, and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. This volume reviews such topics as competitive entry, stranded costs, pricing and market mechanisms. It provides a unique perspective on problems in a newly deregulated environment.
Author | : Jean-Jacques Laffont |
Publisher | : MIT Press |
Total Pages | : 746 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9780262121743 |
Download A Theory of Incentives in Procurement and Regulation Book in PDF, ePub and Kindle
Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focusing on the regulation of natural monopolies such as military contractors, utility companies and transportation authorities.
Author | : Ioannis Nicolaos Kessides |
Publisher | : World Bank Publications |
Total Pages | : 328 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : |
Download Reforming Infrastructure Book in PDF, ePub and Kindle
Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.
Author | : |
Publisher | : |
Total Pages | : 200 |
Release | : 1995 |
Genre | : Local transit |
ISBN | : |
Download Uniform System of Accounts (USOA) Book in PDF, ePub and Kindle