A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms Export

@article{vogelsang-finsinger-79, abstract = {This paper describes an incentive mechanism that is shown to enforce the use of Ramsey prices by multiproduct monopolies. The constraint given is simple. It limits information requirements on the regulatory agency to bookkeeping data of the firm. Its implementation could be easily controlled by outside courts or auditors. The process, therefore, makes use of invisible hand properties shifting the workload of welfare optimization from the regulatory agency to the regulated firm.}, author = {Vogelsang, Ingo and Finsinger, Jorg}, citeulike-article-id = {944538}, citeulike-linkout-0 = {http://www.jstor.org/stable/3003324}, journal = {The Bell Journal of Economics}, keywords = {450-1, regulation}, number = {1}, pages = {157--171}, posted-at = {2007-11-21 01:16:50}, priority = {2}, title = {A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms}, url = {http://www.jstor.org/stable/3003324}, volume = {10}, year = {1979} }

TY - JOUR ID - vogelsang-finsinger-79 L3 - citeulike-article-id:944538 N2 - This paper describes an incentive mechanism that is shown to enforce the use of Ramsey prices by multiproduct monopolies. The constraint given is simple. It limits information requirements on the regulatory agency to bookkeeping data of the firm. Its implementation could be easily controlled by outside courts or auditors. The process, therefore, makes use of invisible hand properties shifting the workload of welfare optimization from the regulatory agency to the regulated firm. IS - 1 JF - The Bell Journal of Economics EP - 171 TI - A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms VL - 10 SP - 157 KW - 450-1 KW - regulation AU - Vogelsang, Ingo AU - Finsinger, Jorg PY - 1979/// UR - http://www.jstor.org/stable/3003324 ER -