Efficiency properties of price cap regulation
Price cap regulation has been used to control the monopoly behaviour of utility firms in the UK since 1984. The RPI-X regime currently in operation is very different to the regulatory mechanism originally proposed, and to the theory of pure price cap regulation. We therefore argue that it is necessa...
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University College London (University of London)
2004
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.411480 |