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The power of regulatory regimes reexamined |
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| Authors: | Weisman Dennis L. |
| Affiliation: | 1.Department of Economics, Kansas State University, Waters Hall, Manhattan, KS, 66506-4001, USA ; |
| Abstract: | Journal of Regulatory Economics - The literature finds that pure price cap regulation (PCR) is a high-powered regulatory regime because it elicits the first-best level of cost-reducing effort.... |
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