Encyclopedia of Law & Economics – 5200 Price Regulation

Abbott, Thomas A., III (1995), ‘Price Regulation in the Pharmaceutical Industry: Prescription or Placebo?’, 14 Journal of Health Economics , 551-565.
Acton, Jan Paul and Mitchell, Bridger M. (1980), ‘Evaluating Time-of-Day Electricity Rates for Residential Customers’, in Mitchell, Bridger M. and Kleindorfer, Paul R. (eds.), International Symposium on Public Policy for Regulated Monopolies and Public Enterprises: European and United States Perspectives , Lexington, Lexington Books.
Acton, Jan Paul and Vogelsang, Ingo (1989), ‘Price-Cap Regulation: Introduction’, 20 Rand Journal of Economics , 369-372.
Aigner, Dennis J. (1984), ‘The Welfare Econometrics of Peak-Load Pricing for Electricity: Editor’s Introduction’, 26 Journal of Econometrics , 1-15.
Aigner, Dennis J. (1985), ‘The Residential Electricity Time-of-Use Pricing Experiments: What Have We Learned?’, in Hausman, Jerry A. and Wise, D.A. (eds.), Social Experimentation , Chicago, University of Chicago Press.
Aigner, Dennis J. and Lillard, Lee A. (1984), ‘Measuring Peak-Load Pricing Response from Experimental Data: An Exploratory Analysis’, 2 Journal of Business and Economic Statistics , 21-39.
Allen, Bruce W. (1986), ‘Ramsey Pricing in the Transportation Industries’, 13 International Journal of Transport Economics , 293-330.
Amit, Eilon (1981), ‘On Quality and Price Regulation under Competition and under Monopoly’, 47 Southern Economic Journal , 1056-1062.
Anderson, Richard K. and Enomoto, Carl E. (1986), ‘Product Quality and Price Regulation: A General Equilibrium Analysis’, 53 Economica , 87-95.
Andrade, Thompson Almeida (1995), ‘A Oferta Privada de Servicos Publicos e a Determinacao de Precos com Objetivos Sociais’, 25 Pesquisa e Planejamento Economico , 223-240.
Annable, James E. (1973), ‘The ICC, the IBT, and the Cartelization of the American Trucking Industry’, 13 Quarterly Review of Economics and Business , 33-47.
Armstrong, Mark and Vickers, John S. (1991), ‘Welfare Effects of Price Discrimination by a Regulated Monopolist’, 22 Rand Journal of Economics , 571-580.
Armstrong, Mark and Vickers, John S. (1996), ‘Regulatory Reform in Telecommunications in Central and Eastern Europe’, 4 Economics of Transition , 295-318.
Armstrong, Mark, Cowan, Simon and Vickers, John S. (1994), Regulatory Reform: Economic Analysis and British Experience , Cambridge (MA), MIT Press.
Armstrong, Mark, Cowan, Simon and Vickers, John S. (1995), ‘Nonlinear Pricing and Price-Cap Regulation’, 58 Journal of Public Economics , 33-55.
Armstrong, Mark, Doyle, Chris and Vickers, John S. (1996), ‘The Access Problem: A Synthesis’, 44 Journal of Industrial Economics , 131-150.
Armstrong, Mark, Doyle, Chris and Vickers, John S. (1998), ‘The Access Pricing Problem with Deregulation: A Note’, 46 Journal of Industrial Economics , 115-121.

Armstrong, Mark, Rees, Ray and Vickers, John S. (1995), ‘Optimal Regulatory Lag under Price-Cap Regulation’, 0(S) Revista Espaola de Economa , 93-116.
Arruada, Benito (1995), Anlisis econmico del notariado (Economic Analisis of the Notary) , Madrid, Consejo General del Notariado.
Arruada, Benito (1996), ‘The Economics of Notaries’, 3 European Journal of Law and Economics , 5-37.
Ashraf, Javed and Sabih, Farhan (1992), ‘Welfare Implications of Ramsey-Boiteux Pricing of Electricity in Pakistan’, 17 Journal of Energy and Development , 279-290.
Atkinson, Anthony B. and Waverman, Leonard (1973), ‘Resource Allocation and the Regulated Firm: Comment’, 4 Bell Journal of Economics .
Atkinson, Scott E. and Halvorsen, Robert (1980), ‘A Test of Relative and Absolute Price Efficiency in Regulated Industries’, 62 Review of Economics and Statistics , 81-88.
Averch, H. and Johnson, L.L. (1962), ‘Behavior Of The Firm Under Regulatory Constraint’, 52 American Economic Review , 1053-1069.
Bailey, Elizabeth E. (1972), ‘Peak Load Pricing Under Regulatory Constraint’, 80(4) Journal of Political Economy , 662-679.
Bailey, Elizabeth E. (1973), Economic Theory of Regulatory Constraint , Lexington (MA), Lexington Books.
Bailey, Elizabeth E. (1976), ‘Innovation and Regulation: A Reply’, 5 Journal of Public Economics , 393-394.
Bailey, Elizabeth E. (1981), ‘Contestability and the Design of Regulatory and Antitrust Policy’, 71 American Economic Review , 178-183.
Bailey, Elizabeth E. (1986), ‘Deregulation: Causes and Consequences’, 234 Science , 1211-1216.
Bailey, Elizabeth E. and Coleman, R.D. (1971), ‘The Effect of Lagged Regulation in the Averch-Johnson Model’, 2 Bell Journal of Economics and Management Science , 278-292.
Bailey, Elizabeth E. and Malone, J. (1970), ‘Resource Allocation and the Regulated Firm’, 1 Bell Journal of Economics and Management Science , 129-142.
Bailey, Elizabeth E. and White, Lawrence J. (1974), ‘Reversals in Peak and Off-Peak Prices’, 5 Bell Journal of Economics , 75-92.
Bailey, Elizabeth E., Graham, David R. and Kaplan, David P. (1985), Deregulating the Airlines , Cambridge, MIT Press.
Barcella, Mary L. (1984), ‘In Defense of Price Controls for “Old” Natural Gas’, 19(4) Business Economics , 24-33.
Barnes, David W. and Stout, Lynn A. (1992), Economic Foundations of Regulation and Antitrust Law , West Publishing.
Baron, David P. (1981), ‘Price Regulation, Product Quality, and Asymmetric Information’, 71 American Economic Review , 212-220.
Baron, David P. (1985), ‘Regulation of Prices and Pollution under Incomplete Information’, 28 Journal of Public Economics , 211-231.
Baron, David P. (1985), ‘Regulatory Strategies under Asymmetric Information’, in Boyer, M. and Kihlstrom, R. (eds.), Bayesian Models in Economic Theory , Amsterdam, North-Holland, 155-180.
Baron, David P. (1985), ‘Noncooperative Regulation of a Nonlocalized Externality’, 16 Rand Journal of Economics , 553-568.
Baron, David P. (1988), ‘Regulation and Legislative Choice’, 19 Rand Journal of Economics , 467-477.
Baron, David P. (1989), ‘Design of Regulatory Mechanisms and Institutions’, in Schmalensee, Richard and Willig, Robert D. (eds.), Handbook of Industrial Organzation, 2v. , Amsterdam, North-Holland, 1347-1447.
Baron, David P. (1991), ‘Information, Incentives, and Commitment in Regulatory Mechanisms: Regulatory Innovation in Telecommunications’, in Einhorn, Michael A. (ed.), Price Caps and Incentive Regulation in Telecommunications, Topics in Regulatory Economics and Policy Series , Norwell, Mass. and Dordrecht, Kluwer Academic, 47-75.
Baron, David P. and Besanko, David (1987), ‘Commitment and Fairness in a Dynamic Regulatory Relationship’, 54 Review of Economic Studies , 413-436.
Baron, David P. and Besanko, David A. (1984), ‘Regulation and Information in a Continuing Relationship’, 1(3) Information Economics and Policy , 267-302.
Baron, David P. and Besanko, David A. (1984), ‘Regulation, Asymmetric Information, and Auditing’, 15 Rand Journal of Economics , 447-470.
Baron, David P. and Debondt, Raymond R. (1981), ‘On the Design of Regulatory Price Adjustment Mechanisms’, 24 Journal of Economic Theory in Frech, H. E. (ed.), Regulating Doctors’ Fees: Competition, Benefits, and Controls under Medicare , Washington, DC, American Enterprise Institute, 70-94.
Baron, David P. and Myerson, Roger B. (1982), ‘Regulating a Monopolist with Unknown Costs’, 50 Econometrica , 911-930.
Baron, David P. and Taggart, Robert A., Jr. (1977), ‘A Model of Regulation under Uncertainty and a Test of Regulatory Bias’, 8 Bell Journal of Economics , 151-167.
Baron, David P. and Taggart, Robert A., Jr. (1980), ‘Regulatory Pricing Policies and Economic Incentives’, in Crew, Michael A. (ed.), Issues in Public Utility Pricing Regulation , Lexington, Lexington Books, 27-49.
Baum, Herbert (1976), ‘Das Stabilisierungspotential staatlich administrierter Preise (On the Stabilization Effects of Public Regulated Prices)’, 190 Jahrbuch fr Nationalkonomie und Statistik , 349-376.
Baum, Herbert (1978), ‘Verteilungswirkungen der staatlichen Preispolitik (Effects of Public Regulated Prices on Distribution of Income)’, 193 Jahrbuch fr Nationalkonomie und Statistik , 220-243.
Baumol, William J. (1977), ‘On the Proper Costs Tests for Natural Monopoly in a Multiproduct Industry’, 67 American Economic Review , 43-57.
Baumol, William J. (1983), ‘Some Subtle Issues in Railroad Regulation’, 10 International Journal of Transport Economics , 341-355.
Baumol, William J. (1986), ‘Minimum and Maximum Pricing Principles for Residual Regulation’, in Baumol, William J. (ed.), Microtheory: Applications and Origins , Cambridge (MA), MIT Press, 151-164.
Baumol, William J. and Bradford, David F. (1970), ‘Optimal Departures from Marginal Cost Pricing’, 60 American Economic Review , 265-283.
Baumol, William J. and J. Gregory Sidak (1996), Transmission Pricing and Stranded Costs in the Electric Power Industry , Washington, DC: American Enterprise Institute.
Baumol, William J. and Klevorick, Alvin K. (1970), ‘Input choices and rate-of-return regulation: an overview of the discussion’, 1 Bell Journal of Economics and Management Science , 162-190.
Baumol, William J. and Sidak, J. Gregory (1994), ‘The Pricing of Inputs Sold to Competitors: Rejoinder and Epilogue’, 12 Yale Journal on Regulation , 177-186.
Baumol, William J. and Sidak, J. Gregory (1994), Toward Competition in Local Telephony , Cambridge (MA), MIT Press.
Baumol, William J. and Sidak, J. Gregory (1994), ‘The Pricing of Inputs Sold to Competitors’, 11 Yale Journal on Regulation , 171-202.
Baumol, William J. and Willig, Robert D. (1981), ‘Fixed Cost, Sunk Cost, Entry Barriers and Sustainability of Monopoly’, 95 Quarterly Journal of Economics , 405-431.
Baumol, William J., Bailey, Elizabeth E. and Willig, Robert D. (1977), ‘Weak Invisible Hand Theorems on the Sustainability of Prices in a Multiproduct Monopoly’, 67 American Economic Review , 350-365.
Bawa, V. and Sibley, David (1980), ‘Dynamic Behavior of A Firm Subject to Stochastic Regulatory Review’, 21 International Economic Review , 627-642.
Becker, Klaus G. (1991), ‘Ramsey Pricing without Cross-Subsidization: A Note’, 25 Journal of Economic Issues , 1149-1151.
Beesley, Michael E. and Littlechild, Stephen C. (1989), ‘The Regulation of Privatized Monopolies in the United Kingdom’, 20 Rand Journal of Economics , 454-472.
Beil, Richard O., Kaserman, David L. and Ford, Jon M. (1995), ‘Entry and Product Quality under Price Regulation’, 10 Review of Industrial Organization , 361-372.
Berg, Sanford V. and Jeong, Jinook (1991), ‘An Evaluation of Incentive Regulation for Electric Utilities’, 3(1) Journal of Regulatory Economics , 45-55.
Berg, Sanford V. and Jeong, Jinook (1994), ‘An Evaluation of Incentive Regulation: Corrections’, 6 Journal of Regulatory Economics , 321-328.
Berg, Sanford V. and Tschirhart, John (1988), Natural Monopoly Regulation: Principles and Practice , Cambridge, Cambridge University Press, 564 p.
Bergstrm, Ted and Mackie-Mason, Jeffrey K. (1991), ‘Some Simple Analytics of Peak-Load Pricing’, 22 Rand Journal of Economics , 241-249.
Berkowitz, Michael K. (1977), ‘Power Grid Economics in a Peak-Load Pricing Framework’, 10 Canadian Journal of Economics , 621-636.
Berkowitz, Michael K. and Jen, Frank C. (1977), ‘A Note on Production Inefficiency in the Peak-Load Pricing Model’, 44 Southern Economic Journal , 374-379.
Berry, S. Keith (1990), ‘Expected Rate Minimization and Excess Capacity in Regulated Utilities’, 30 Quarterly Review of Economics and Business , 85-95.
Berry, S. Keith (1992), ‘Ramsey Pricing in the Presence of Risk’, 13 Managerial and Decision Economics , 111-117.
Besanko, David and Sappington, David E.M. (1986), ‘Designing Regulatory Policy with Limited Information’, in X., (ed.), Fundamentals of Pure and Applied Economics , New York, Harwood.
Besanko, David, Donnenfeld, Shabtai and White, Lawrence J. (1988), ‘The Multiproduct Firm, Quality Choice, and Regulation’, 36 Journal of Industrial Economics , 411-429.
Binder, John J. (1985), ‘Measuring the Effects of Regulation with Stock Price Data’, 16 Rand Journal of Economics , 167-183.
Blackmon, Glenn (1994), Incentive Regulation and the Regulation of Incentives , Dordrecht, Kluwer Academic Publishers.
Blair, Roger D., Kaserman, David L. and McClave, James T. (1986), ‘Motor Carrier Deregulation: The Florida Experiment’, 68 Review of Economics and Statistics , 159-164.
Bohm, Peter (1967), ‘On the Theory of Second Best’, 34 Review of Economic Studies , 301-314.
Boiteux, Marcel (1956), ‘Sur la gestion des monopoles publics astreint a l’equilibrebudgetaire’, 24 Econometrica , 22-40.
Boiteux, Marcel (1960), ‘Peak-Load Pricing’, 33 Journal of Business , 157-179.
Boiteux, Marcel (1971), ‘On the Management of Public Monopolies Subject to Budgetary Constraints’, 3 Journal of Economic Theory , 219-240.
Borenstein, Severin and Zimmerman, Martin B. (1988), ‘Market Incentives for Safe Commercial Airline Operation’, 78 American Economic Review , 913-935.
Bos, Dieter and Nett, Lorenz (1990), ‘Privatization, Price Regulation, and Market Entry: An Asymmetric Multistage Duopoly Model’, 51 Zeitschrift fr Nationalokonomie , 221-257.
Bourgoignie, Thierry (1973), ‘Overheid en bedrijfsleven/3 La reglementation des prix en Belgique (Price Regulation in Belgium)’, 27 Economisch en Sociaal Tijdschrift , 387-400.
Boyer, Kenneth D. (1977), ‘Minimum Rate Regulation, Modal Split Sensitivities, and the Railroad Problem’, 85 Journal of Political Economy , 493-512.
Boyer, Kenneth D. (1981), ‘Equalizing Discrimination and Cartel Pricing in Transport Rate Regulation’, 89 Journal of Political Economy , 270-286.
Boyer, Kenneth D. (1986), ‘What Do We Understand about the Economics of Regulation: The Effects of U.S. Transport Deregulation’, in De Jong, H.W. and Shepherd, William G. (eds.), Mainstreams in Industrial Organization. Book 2. Policies: Antitrust, Deregulation and Industrial, Studies in Industrial Organization series, vol. 6 , Hingham, Mass., Dordrecht and Lancaster, Kluwer Academic, 317-345.
Boyer, Kenneth D. (1987), ‘The Costs of Price Regulation: Lessons from Railroad Deregulation’, 18 Rand Journal of Economics , 408-416.
Boyer, Kenneth D. (1989), ‘The Safety Effects of Mode Shifting Following Deregulation’, in Moses, Leon N. and Savage, Ian (eds.), Transportation Safety in an Age of Deregulation , Oxford, Oxford University Press, 258-276.
Boyes, William J. (1976), ‘An Empirical Examination of the Averch-Johnson Effect’, 14 Economic Inquiry , 25-35.
Bradley, Ian (1993), ‘Price-Cap Regulation and Market Definition’, 5 Journal of Regulatory Economics , 337-347.
Bradley, Ian and Price, Catherine Waddams (1988), ‘The Economic Regulation of Private Industries by Price Constraints’, 37 Journal of Industrial Economics , 99-106.
Bradley, Ian and Price, Catherine Waddams (1991), ‘Average Revenue Regulation and Regional Price Structure’, 21 Regional Science and Urban Economics , 89-108.
Braeutigam, Ronald R. (1979), ‘The Effect of Uncertainty in Regulatory Delay on the Rate of Innovation’, 43 Law and Contemporary Problems , 98-111.
Braeutigam, Ronald R. (1979), ‘Optimal Pricing with Intermodal Competition’, 69 American Economic Review , 38-49.
Braeutigam, Ronald R. (1980), ‘An Analysis of Fully Distributed Cost Pricing in Regulated Industries’, 11 Bell Journal of Economics , 182-196.
Braeutigam, Ronald R. (1983), ‘A Dynamic Analysis of Second Best Pricing’, in Finsinger, Jrg (ed.), Public Sector Economics , London, MacMillan, 103-116.
Braeutigam, Ronald R. (1984), ‘Socially Optimal Pricing with Rivalry and Economies of Scale’, 15 Rand Journal of Economics , 124-131.
Braeutigam, Ronald R. (1989), ‘Optimal Policies for Natural Monopolies’, in Schmalensee, Richard and Willig, Robert D., (eds.), Handbook of industrial organization II , Amsterdam, North Holland.
Braeutigam, Ronald R. and Noll, Roger G. (1984), ‘The Regulation of Surface Freight Transportation: The Welfare Effects Revisited’, 56 Review of Economics and Statistics , 80-87.
Braeutigam, Ronald R. and Panzar, John C. (1989), ‘Diversification Incentives Under “Price-Based” and Cost- Based” Regulation’, 20 Rand Journal of Economics , 373-391.
Braeutigam, Ronald R. and Panzar, John C. (1993), ‘Effects of the Change from Rate-of-Return to Price-Cap Regulation’, 83 American Economic Review , 191-198.
Brennan, Michael J. and Schwartz, Eduardo S. (1982), ‘Consistent Regulatory Policy under Uncertainty’, 13 Bell Journal of Economics , 506-524.
Brennan, Timothy J. (1991), ‘Regulating by Capping Prices’, 1 Journal of Regulatory Economics , 133-148.
Brennan, Timothy J. (1991), ‘Cross-Subsidization and Cost Misallocation by Regulated Monopolists’, 2 Journal of Regulatory Economics , 37-51.
Brennan, Timothy J. and Palmer, Karen L. (1994), ‘Comparing the Costs and Benefits of Diversification by Regulated Firms’, 6 Journal of Regulatory Economics , 115-136.
Breyer, Stephen G. (1982), Regulation and Its Reform , Cambridge, Harvard University Press.
Broadman, Harry G. and Kalt, Joseph P. (1989), ‘How Natural is Monopoly? The Case of Bypass in Natural Gas Distribution Markets’, 6 Yale Journal on Regulation , 181-208.
Broadman, Harry G. and Montgomery, David W. (1983), Natural Gas Markets after Deregulation , Washington, Resources for the Future.
Brock, William A. and Dechert, W. Davis (1983), ‘Dynamic Ramsey Pricing’, 26 International Economic Review , 569-591.
Brock, William A. and Evans, David S. (1983), ‘Cream-Skimming’, in Evans, David S. (ed.), Breaking up Bell: Essays on Industrial Organization and Regulation , Amsterdam, North-Holland.
Brock, William A. and Scheinkman, Jose A. (1983), ‘Free Entry and the Sustainability of Natural Monopoly: Bertrand Revisited by Cournot’, in Evans, David S. (ed.), Breaking up Bell: Essays on Industrial Organization and Regulation , Amsterdam, North-Holland.
Brown, Allan and Cave, Martin (1992), ‘The Economics of Television Regulation: A Survey with Application to Australia’, 68(203) Economic Record , 377-394.
Brown, Donald J. and Heal, Geoffrey M. (1985), ‘The Optimality of Regulated Pricing: A General Equilibrium Analysis’, in Alisprantis, C.D., Burkinshaw, O. and Rothman (eds.), Advances in Equilibrium Theory: Proceedings of the Conference on General Equilibrium Theory, Indiana University, February 10-12, 1984 , New York, Springer, 43-54.
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Brown, Lorenzo (1988), ‘Modelling Diversified Utilities and Cross Subsidization’, 10 Resources and Energy , 213-224.
Brown, Lorenzo, Einhorn, Michael A. and Vogelsang, Ingo (1991), ‘Toward Improved and Practical Incentive Regulation’, 3 Journal of Regulatory Economics , 323-338.
Brown, Stephen J. and Sibley, David S. (1986), The Theory of Public Utility Pricing , Cambridge, Cambridge University Press.
Burness, H. Stuart and Patrick, Robert H. (1991), ‘Peak-Load Pricing with Continuous and Interdependent Demand’, 3 Journal of Regulatory Economics , 69-88.
Burness, H. Stuart, Montgomery, David W. and Quirk, James P. (1980), ‘Capital Contracting and the Regulated Firms’, 70 American Economic Review , 342-354.
Cabral, Luis M.B. and Riordan, Michael H. (1989), ‘Incentives for Cost Reduction under Price-Cap Regulation’, 1 Journal of Regulatory Economics , 93-102.
Caillaud, Bernard, Guesnerie, Roger, Rey, Patrick and Tirole, Jean (1988), ‘Government Intervention in Production and Incentives Theory: A Review of Recent Contributions’, 19 Rand Journal of Economics , 1-26.
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Caves, Douglas W., Christensen, Laurits R. and Herriges, Joseph A. (1984), ‘Modeling Alternative Residential Peak-Load Electricity Rate Structures’, 24 Journal of Econometrics , 249-268.
Caves, Douglas W., Christensen, Laurits R. and Swanson, Joseph A. (1981), ‘Economic Performance in Regulated and Unregulated Environments: A Comparison of U.S. and Canadian Railroads’, 66 Quarterly Journal of Economics , 559-581.
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