Skip to main content
Log in

Regulating by capping prices

  • Published:
Journal of Regulatory Economics Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

References

  • Averch, H., and L. Johnson. 1962. “Behavior of the Firm Under Regulatory Constraint.” American Economic Review 52:1052–69.

    Google Scholar 

  • Baumol, W., and D. Bradford. 1970. “Optimal Departures from Marginal Cost Pricing.” American Economic Review 60:265–83.

    Google Scholar 

  • Baumol, W., and A. Klevorick. 1970. “Input Choices by Regulated Firms: An Overview of the Discussion.” Bell Journal of Economics and Management Science 1:162–90.

    Google Scholar 

  • Besanko, D., S. Donnenfeld, and L.J. White. 1987. “Monopoly and Quality Distortion: Effects and Remedies.” Quarterly Journal of Economics 102:743–767.

    Google Scholar 

  • Bradley, I., and C. Price. 1988. “The Economic Regulation of Private Industries by Price Constraints.” Journal of Industrial Economics 37:99–106.

    Google Scholar 

  • Brennan, T. 1987a. “Why Regulated Firms Should Be Kept Out Of Unregulated Markets: Understanding the Divestiture in U.S. v. AT&T.” Antitrust Bulletin 32:741–93.

    Google Scholar 

  • Brennan, T. 1987b. “Cross-Subsidization and Discrimination by Regulated Monopolists.” Economic Analysis Group Discussion Paper 87-2, Antitrust Division, U.S. Department of Justice.

  • Brennan, T. 1988. “Regulating by Capping Prices.” Economic Analysis Group Discussion Paper 88–11, Antitrust Division, U.S. Department of Justice.

  • Brock, W. 1983. “Pricing, Predation, and Entry Barriers in Regulated Industries.” In Breaking Up Bell, edited by D. Evans. New York: North-Holland.

    Google Scholar 

  • Crew, M., and P. Kleindorfer. 1986. The Economics of Public Utility Regulation. Cambridge, MA: MIT Press.

    Google Scholar 

  • Department of Justice. 1984. Comments Before the FCC In the Matter of Long-Run Regulation of AT&T's Basic Domestic Interstate Services. CC Docket No. 83-1147.

  • Faulhaber, G. 1987. “The FCC's Path to Deregulation: Turnpike or Quagmire?” Public Utilities Fortnightly (September 3): 22–26.

  • Federal Communications Commission. 1987. Notice of Proposed Rulemaking in the Matter of Policy and Rules Concerning Rates for Dominant Carriers. CC Docket No. 87-313.

  • Federal Communications Commission. 1988. Further Notice of Proposed Rulemaking in the Matter of Policy and Rules Concerning Rates for Dominant Carriers. CC Docket No. 87-313.

  • Fitzpatrick, M. 1987. “A Test of Passive Regulation Using an Endogenous Switching Regression.” Economic Analysis Group Discussion Paper 87-5, Antitrust Division, U.S. Department of Justice.

  • Haring, J., and E. Kwerel. 1987. “Competition Policy in the Post-Equal Access Market.” 2 FCC Rcd 5:1488–93.

    Google Scholar 

  • Littlechild, S. 1983. Regulation of British Telecommunications Profitability: A Report to the Secretary of State for Trade and Industry.

  • Loeb, M., and W. Magat. 1979. “A Decentralized Method for Utility Regulation.” Journal of Law and Economics 22:399–404.

    Google Scholar 

  • Mankiw, N., and M. Whinston. 1986. “Free Entry and Social Inefficiency.” Rand Journal of Economics 17:48–58.

    Google Scholar 

  • Riordan, M., and L. Cabral. 1988. “Incentives for Cost Reduction under Price Cap Regulation.” International Telecommunications Society Conference.

  • Sappington, D., and J. Stiglitz. 1987. “Information and Regulation.” In Public Regulation: New Perspectives on Institutions and Policies, edited by E. Bailey. Cambridge, MA: MIT Press.

    Google Scholar 

  • Schwartz, M. 1984. “Welfare Effects of Exit-Inducing Innovations.” Economic Policy Office Discussion Paper 84-12, Antitrust Division, U.S. Department of Justice.

  • Stiglitz, J. 1981. “Potential Competition May Reduce Welfare.” American Economic Review 71:184–89.

    Google Scholar 

  • Stolleman, N. 1987. A Comparison of Rate Base Rate of Return and Ceiling Price Regulation. Mimeo, GTE Service Corp.

  • Varian, H. 1984. Microeconomic Analysis. New York: Norton.

    Google Scholar 

  • Vogelsang, I. 1988. “A Little Paradox in the Design of Regulatory Mechanisms.” International Economic Review 29:467–76.

    Google Scholar 

  • Vogelsang, I., and J. Finsinger. 1979. “A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms.” Bell Journal of Economics 10:157–71.

    Google Scholar 

  • Willig, R. 1976. “Consumer Surplus Without Apology.” American Economic Review 66:589–97.

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

About this article

Cite this article

Brennan, T.J. Regulating by capping prices. J Regul Econ 1, 133–147 (1989). https://doi.org/10.1007/BF00140022

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF00140022

Keywords

Navigation