Title of article
Uncovering regulatorʹs (implicit) social welfare weights under price cap regulation
Author/Authors
Edilio Valentini، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
5
From page
1
To page
5
Abstract
This paper provides a simple procedure that can be used in empirical works aimed at uncovering the preferences of regulators over consumers. The inverting procedure proposed by Ross (1984) [Ross T.W., 1984, Uncovering Regulator’s Social Welfare Weights, Rand Journal of Economics 15, 152–155.] is adapted to a regulatory situation characterised by price cap regulation.
Keywords
Regulation , Welfare weights , Price cap
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435817
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