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Investment Incentives of a Regulated Dominant Firm
G. Biglaiser and
Ching-to Albert Ma ()
UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)
Abstract:
We study the investment incentives of a regulated, incumbent firm in a deregulation process. The regular cannot commit to a long-term regulatory policy, and investment decisions are taken before optimal regulatory policies are imposed.
Keywords: INVESTMENTS ; REGULATION ; DECISION MAKING (search for similar items in EconPapers)
JEL-codes: L51 K20 E22 (search for similar items in EconPapers)
Date: 1996
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Related works: Working Paper: Investment Incentives of a Regulated Dominant Firm (1996) Working Paper: Investment Incentives of a Regulated Dominant Firm (1996) Journal Article: Investment Incentives of a Regulated Dominant Firm (1999) This item may be available elsewhere in EconPapers: Search for items with the same title.
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Persistent link: http://EconPapers.repec.org/RePEc:aub:autbar:340.96
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