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The access pricing problem with deregulation: a note

Article Abstract:

A study was conducted on retail price deregulation. Results show that the efficient component pricing rule margin is required for the optimal regulation of the retail price-access price margin. Results also reveal that the optimal access price, which can be higher, lower or equal to marginal cost, should be regulated to boost welfare and entrant profits. Deregulation was also found to distort consumer choice since it makes products harder to differentiate.

Author: Armstrong, Mark, Vickers, John
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 1998
Retail Trade, Retail industry, Deregulation

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The access pricing problem: a synthesis

Article Abstract:

The Baumol-Willig efficient component pricing rule provides that setting the price of access to an essential facility equal to the sum of the direct cost of access and the opportunity cost to the integrated access provider is efficient. Opportunity cost under different assumptions on demand and supply as well as product differentiation and bypass and substitution possibilities are examined.

Author: Doyle, Chris, Armstrong, Mark, Vickers, John
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 1996
Research, Product differentiation, Industry, Industries, Supply and demand, Opportunity cost, Opportunity costs

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Multiproduct Price Regulation Under Asummetric Information

Article Abstract:

Regulating monopolistic pricing where the multiproduct firm has private information about cost or demand conditions depends on the private or social interests involved as well as on whether the elasticity and scale of demand are positive or negative related.

Author: Armstrong, Mark, Vickers, John
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 2000
United Kingdom, Government regulation (cont), Economics, Research and Development in the Social Sciences and Humanities, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Price-Fixing Regulation, Statistical Data Included, Competitions, Price fixing, Price regulations, Monopolistic competition

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Subjects list: Economic aspects, Analysis
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