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Quality Variation When Prices Are Regulated

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  • Lawrence J. White

Abstract

Quality has been a neglected area of public utility regulation analysis. Many authors are uneasy about the quality levels that result from regulation but they frequently can only conclude that "it is uncertain whether consumers found this quality to be worth the price they paid."

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Bibliographic Info

Article provided by The RAND Corporation in its journal Bell Journal of Economics.

Volume (Year): 3 (1972)
Issue (Month): 2 (Autumn)
Pages: 425-436

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Handle: RePEc:rje:bellje:v:3:y:1972:i:autumn:p:425-436

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Citations

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Cited by:
  1. Paul J. Gertler & Donald M. Waldman, 1990. "Quality Adjusted Cost Functions," NBER Working Papers 3567, National Bureau of Economic Research, Inc.
  2. Martin Gaynor & Rodrigo Moreno-Serra & Carol Propper, 2010. "Death by Market Power. Reform, Competition and Patient Outcomes in the National Health Service," The Centre for Market and Public Organisation 10/242, Department of Economics, University of Bristol, UK.
  3. David P. Baron, 1978. "Price Regulation, Quality, and Asymmetric Information," Discussion Papers 359, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  4. Mirucki, Jean, 1980. "Comportement de l'entreprise réglementée: étude de l'hypothèse Averch-Johnson
    [Behavior of the Regulated Firm: A Study of the Averch-Johnson Hypothesis]
    ," MPRA Paper 27669, University Library of Munich, Germany, revised 1982.
  5. Victor Manuel Bennett & Lamar Pierce & Jason A. Snyder & Michael W. Toffel, 2012. "Competition and Illicit Quality," Harvard Business School Working Papers 12-071, Harvard Business School, revised May 2012.
  6. Chou, Shin-Yi & Deily, Mary E. & Li, Suhui & Lu, Yi, 2014. "Competition and the impact of online hospital report cards," Journal of Health Economics, Elsevier, vol. 34(C), pages 42-58.
  7. Mirucki, Jean, 1980. "Vérification des conditions d'efficacité dans la production chez Bell Canada
    [Checking the conditions of efficient production in Bell Canada]
    ," MPRA Paper 30147, University Library of Munich, Germany, revised Jun 1980.
  8. Shepard, Lawrence, 1977. "The Potential Impact Of Airline Deregulation On Feeder Routes In The Far West," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 2, December.

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