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.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

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.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

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.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: