Capping network profits in a world of bad news

Lewis Evans and Graeme Guthrie

No 374500, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: The often-fierce debate that surrounds the amount of profit a regulated monopoly should earn is usually focused on the regulatory rate of return. Why? Because traditional static analysis of regulation suggests that not much else is important. Yet as we know life isn't static, it is very much dynamic. The latest ISCR research from Lewis Evans and Graeme Guthrie looks at the dynamic efficiency of regulation and reveals that an often-neglected piece of the puzzle may be fundamentally important.

Date: 2002-11-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:374500

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