Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062721 | Economics Letters | 2006 | 5 Pages |
Abstract
This paper provides a simple procedure that can be used in empirical works aimed at uncovering the preferences of regulators over consumers. The inverting procedure proposed by Ross (1984) [Ross T.W., 1984, Uncovering Regulator's Social Welfare Weights, Rand Journal of Economics 15, 152-155.] is adapted to a regulatory situation characterised by price cap regulation.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Edilio Valentini,