Regulation, competition, and liberalization

doi:10.1257/jel.44.2.325

2006-05-01

192

Mark Armstrong *

David E. M. Sappington

DOI：10.1257/jel.44.2.325

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摘要

En 中文

In many countries throughout the world, regulators are struggling to determine whether and how to introduce competition into regulated industries. This essay examines the complexities involved in the liberalization process. While stressing the importance Of case-specific analyses, this essay distinguishes liberalization policies that generally are procompetitive from corresponding anticompetitive liberalization policies.

Keyword:

PRICE-CAP REGULATION

INCENTIVE CONTRACTS

NONPRICE DISCRIMINATION

OPERATING PERFORMANCE

DECENTRALIZED METHOD

CONSUMER-WELFARE

PRIVATIZED FIRMS

MARKET-STRUCTURE

PRESSURE GROUPS

LONG-DISTANCE

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期刊

Journal of Economic Literature

IF:

10.6

论文数:

689

被引数:

1.3W

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