Price Caps and Incentive Regulation in Telecommunications
Michael A. Einhorn
- 30 september 2012
- 9781461367765
Samenvatting:
this strategy was costly to administer, provided no consistent incentives to cost-ef ficiency and technological improvement, afforded many opportunities for strategic misrepresentation of reported costs, and may have encouraged both uneconomic expansion of the utility's rate base and cross-subsidization of its competitive services.
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