A model of final offer arbitration in regulation
Article Abstract:
A study of a regulatory process model in Chile wherein both the regulator and regulated firm present their offers for each cost units, for example, cost of raw material, cost of capital, etc. to an arbitrator, who finally decides the prices, is presented. The advantages and disadvantages of the process are discussed. The efficacy of the process is also examined.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2005
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Strategic firm behavior under average-revenue-lagged regulation
Article Abstract:
The strategic behavior of a regulated firm, which sells the same product in different markets, under the Average-revenue-lagged regulation scheme and Alternative price-cap scheme are examined.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2005
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Honesty in environmental regulation
Article Abstract:
The authors show that firm honesty does not always lead to social gains, as industry structure also affects social gains.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2003
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