Article ID Journal Published Year Pages File Type
5062721 Economics Letters 2006 5 Pages PDF
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
,