Revenue sharing in incentive regulation plans
Article Abstract:
The telecommunications industry is following other industries in adopting alternatives to standard rate of return arrangements. A particularly popular alternative is profit sharing, which, although it has its advantages, does not provide ideal incentives for efficiency on the part of the regulated firm. Because of this, some states, including Idaho and Oregon, have opted for revenue sharing, instead of profit sharing, for their telecommunications industries. Under this arrangement, strict adherence to an incentive plan is cultivated among both consumers and regulated firms.
Publication Name: Information Economics and Policy
Subject: Library and information science
ISSN: 0167-6245
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Potential pitfalls in empirical investigations of the effects of incentive regulation plans in the telecommunications industry
Article Abstract:
Efforts to determine the effects of incentive regulation in the telecommunications industry can result in seven pitfalls. These include the Unidimensional Yardstick Pitfall which involves judging regulation to be a failure, the Causality Pitfall when causality is confused with correlation, the Competition Effect Pitfall when the effects of incentive regulation are entirely attributed to competition.
Publication Name: Information Economics and Policy
Subject: Library and information science
ISSN: 0167-6245
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
The Telecommunications Act at three years: an economic evaluation of its implementation by the Federal Communications Commission
Article Abstract:
It was hoped that implementation of the 1996 Telecommunications Act would result in a free-for-all competitive market; for the most part, this has not happened. Issues concerning government regulation, competition, and efficiency are discussed.
Publication Name: Information Economics and Policy
Subject: Library and information science
ISSN: 0167-6245
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Parametric, semi-parametric and non-parametric models of telecommunications demand: an investigation of residential calling patterns
- Abstracts: Public policy in telecommunications: the third revolution. The influence of regulation on marginal factor cost: access markets in U.S. telecommunications
- Abstracts: The effect of Section 271 on competitive entry into local telecommunications markets: an initial evaluation. An assessment of telecommunications reform in developing countries
- Abstracts: The late take-off phenomenon in the diffusion of telecommunication services: network effect and the critical mass
- Abstracts: Software protection against third parties in Belgium. Intellectual property protection of software in Canada. Intellectual property protection of software in Ireland