A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms
A Regulatory Adjustment Process for Optimal Pricing by Multiproduct Monopoly Firms
复制标题
多产品垄断企业最优定价的监管调整过程
DOI:
10.2307/3003324
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发表时间:
1979
期刊:
影响因子:
--
通讯作者:
J. Finsinger
中科院分区:
文献类型:
--
作者:
I. Vogelsang;J. Finsinger
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.