This note extends the analysis of M. Armstrong, C. Doyle, and J. Vickers (1996) to the case of retail price deregulation. It is shown that the optimal access price may be above, below, or (in the linear case) equal to marginal cost; that optimal regulation of the margin between the retail price and the access price entails the efficient component pricing rule; and that welfare and entrant profit are higher when the level of the access price, rather than the margin, is regulated. Copyright 1998 by Blackwell Publishing Ltd
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 46 (1998) Issue (Month): 1 (March) Pages: 115-21 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Vincent Rious & Jean-Michel Glachant & Yannick Perez & Philippe Dessante, 2008.
"The diversity of design of TSOs,"
Post-Print
hal-00318518_v1, HAL.
[Downloadable!]
Other versions:
Vincent Rious & Jean-Michel Glachant & Yannick Perez & Philippe Dessante, 2008.
"The Diversity of Design of TSOs,"
Working Papers
0805, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
[Downloadable!]
Rious, Vincent & Glachant, Jean-Michel & Perez, Yannick & Dessante, Philippe, 2008.
"The diversity of design of TSOs,"
Energy Policy,
Elsevier, vol. 36(9), pages 3323-3332, September.
[Downloadable!] (restricted)