References
Averch, H., and L. Johnson. 1962. “Behavior of the Firm Under Regulatory Constraint.” American Economic Review 52:1052–69.
Baumol, W., and D. Bradford. 1970. “Optimal Departures from Marginal Cost Pricing.” American Economic Review 60:265–83.
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.
Besanko, D., S. Donnenfeld, and L.J. White. 1987. “Monopoly and Quality Distortion: Effects and Remedies.” Quarterly Journal of Economics 102:743–767.
Bradley, I., and C. Price. 1988. “The Economic Regulation of Private Industries by Price Constraints.” Journal of Industrial Economics 37:99–106.
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.
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.
Crew, M., and P. Kleindorfer. 1986. The Economics of Public Utility Regulation. Cambridge, MA: MIT Press.
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.
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.
Mankiw, N., and M. Whinston. 1986. “Free Entry and Social Inefficiency.” Rand Journal of Economics 17:48–58.
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.
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.
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.
Vogelsang, I. 1988. “A Little Paradox in the Design of Regulatory Mechanisms.” International Economic Review 29:467–76.
Vogelsang, I., and J. Finsinger. 1979. “A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms.” Bell Journal of Economics 10:157–71.
Willig, R. 1976. “Consumer Surplus Without Apology.” American Economic Review 66:589–97.
Author information
Authors and Affiliations
Rights 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
Issue Date:
DOI: https://doi.org/10.1007/BF00140022