PRICE CAP REGULATION - PROBLEMS AND SOLUTIONS

被引:7
|
作者
LOUBE, R
机构
关键词
D O I
10.2307/3146347
中图分类号
F [经济];
学科分类号
02 ;
摘要
The problems of price cap regulation include: the transformation from rate-of-return regulation, the adoption of a price cap formula, cross-subsidization, and the relationship between regulation and competition. The experience of price cap regulation reveals that it does not protect monopoly customers, and it allows utilities to engage in cross-subsidization. These results imply that the regulator must periodically review price cap results to realign prices with the cost of service and to ensure that a level playing field that would nurture competition develops in every market.
引用
收藏
页码:286 / 298
页数:13
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