ALLOCATIVE INEFFICIENCY PROPERTIES OF PRICE-CAP REGULATION

被引：22

作者：

NEU, W

机构：

[1] Wik, Research Institute for Communications Services, Bad Honnef 1, D-5340

来源：

JOURNAL OF REGULATORY ECONOMICS | 1993年 / 5卷 / 02期

关键词：

D O I：

10.1007/BF01065364

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The paper deals with the argument that a price-cap regulated firm maximizing profits under the price-cap constraint will set prices that over time approach the Ramsey structure. My analysis explores the effects of price caps on the structure of prices. The results are in important aspects at variance with the claim of convergence to a Ramsey structure.

引用

页码：159 / 182

页数：24

共 11 条

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