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Optimal Bypass and Cream Skimming
This paper develops a normative model of regulatory policy toward bypass and cream skimming. It analyzes the effects of bypass on second-degree price discrimination, on the rent of the regulated firm, and on the welfare of low-demand customers. It shows that pricing under marginal cost may be optimal for the regulated firm, excessive cream skimming occurs if access to the bypass technology is not regulated, and the prohibition of bypass may increase or decrease the regulated firm's rent.
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| TAER 8005 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : The American Economic Review 1990 |
|---|---|
| Edisi | Vol. 80, No. 5, Dec., 1990 |
| Subjek | Regulations |
| ISBN/ISSN | 0002-8282 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 20 p. |
| Info Detail Spesifik | The American Economic Review |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |