书目名称 | Price Caps and Incentive Regulation in Telecommunications | 编辑 | Michael A. Einhorn | 视频video | | 丛书名称 | Topics in Regulatory Economics and Policy | 图书封面 |  | 描述 | Michael A. Einhorn In continuing to deregulate telecommunications companies, regulators have begun to consider alternative approaches to traditional cost-based price regulation as a means of encouraging monopoly efficiency, promulgating technological innova tion, protecting consumers, and reducing administrative costs. Under cost-based regulatory procedures that had been used, prices were designed to recover the regulated company‘s costs plus an allowed rate of return on its rate base; 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. A category of alternative regulatory approaches can be classified broadly as social contracts. Under the general strategy of social contract regulation, regulators first delimit a group of regulated core services that they continue to regulate and then stipulate a list of constraints that the utility must agree to meet in the future; in exchange, regulators agree to deta | 出版日期 | Book 1991 | 关键词 | efficiency; innovation; regulation; research | 版次 | 1 | doi | https://doi.org/10.1007/978-1-4615-3976-6 | isbn_softcover | 978-1-4613-6776-5 | isbn_ebook | 978-1-4615-3976-6Series ISSN 2730-7468 Series E-ISSN 2730-7476 | issn_series | 2730-7468 | copyright | Springer Science+Business Media New York 1991 |
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