Advanced Search
MyIDEAS: Login to save this article or follow this journal

Superior Regulatory Regimes in Theory and Practice

Contents:

Author Info

  • Weisman, Dennis L
Registered author(s):

    Abstract

    A substantial body of recent research finds that price-cap regulation is superior to cost-based regulation in that many of the distortions associated with the latter are reduced or eliminated entirely. We prove that the hybrid application of cost-based and price-cap regulation that characterizes current regulatory practice in the United States telecommunications industry may generate qualitative distortions greater in magnitude than those realized under cost-based regulation. It follows that price-based regulation in practice may be welfare-inferior to cost-based regulation. The analysis further reveals that the firm subject to this modified form of price-based regulation may have incentives to engage in pure waste. Copyright 1993 by Kluwer Academic Publishers

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by Springer in its journal Journal of Regulatory Economics.

    Volume (Year): 5 (1993)
    Issue (Month): 4 (December)
    Pages: 355-66

    as in new window
    Handle: RePEc:kap:regeco:v:5:y:1993:i:4:p:355-66

    Contact details of provider:
    Web page: http://www.springerlink.com/link.asp?id=100298

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:kap:regeco:v:5:y:1993:i:4:p:355-66. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.