Spelling suggestions: "subject:"JEL 424, 343, 313, 151 RVK QR 300"" "subject:"JEL 424, 343, 313, 551 RVK QR 300""
1 |
The Investment Effects of Price Caps under Imperfect Competition. A Note.Buehler, Stefan, Burger, Anton, Ferstl, Robert January 2008 (has links) (PDF)
This note analyzes a simple Cournot model where firms choose outputs and capacities facing varying demand and price-cap regulation. We find that binding price caps set above long-run marginal cost increase (rather than decrease) aggregate capacity investment. (author's abstract) / Series: Working Papers / Research Institute for Regulatory Economics
|
Page generated in 0.2543 seconds