The investment effects of price caps under imperfect competition: A note

被引：3
|
作者：
Buehler, Stefan [1 ]
Burger, Anton [2 ]
Ferstl, Robert [3 ]
机构：
[1] Univ St Gallen, IFF HSG, CH-9000 St Gallen, Switzerland
[2] Frontier Econ, London, England
[3] Univ Regensburg, D-93053 Regensburg, Germany
来源：
ECONOMICS LETTERS | 2010年 / 106卷 / 02期
关键词：
Capacity; Investment; Cournot competition; Price cap; EQUILIBRIA; MARKETS;
D O I：
10.1016/j.econlet.2009.10.010
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We examine the impact of price cap regulation oil the Capacity investments of oligopolistic suppliers facing time-varying demand We find that binding price caps set above long-run marginal cost increase (rather than decrease) aggregate capacity investment (C) 2009 Elsevier B V All rights reserved.
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页码：92 / 94
页数：3
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