Price Caps and Incentive Regulation in Telecommunications formatIsbn:Softcover - 9781461367765 competition

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2Problem Statement2

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Price Caps and Incentive Regulation in Telecommunications formatIsbn:Softcover - 9781461367765 competitionMichael A. Einhorn In continuing to deregulate telecommunications companies, regulators have begun to consider alternative approaches to traditional cost based price regulation as a means of encouraging monopoly efficiency, promulgating technological innova tion, protecting consumers, and reducing administrative costs. Under cost based regulatory procedures that had been used, prices were designed to recover the regulated company's costs plus an