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Price Caps and Incentive Regulation in Telecommunications - Topics in Regulatory Economics and Policy Michael a Einhorn 1991 edition
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Price Caps and Incentive Regulation in Telecommunications - Topics in Regulatory Economics and Policy
Michael a Einhorn
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.
244 pages, biography
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