Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/25322 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorStrausz, Rolanden
dc.date.accessioned2009-01-20-
dc.date.accessioned2009-07-23T15:15:16Z-
dc.date.available2009-07-23T15:15:16Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/25322-
dc.description.abstractThe paper provides a tractable, analytical framework to study regulatory risk under optimal incentive regulation. Regulatory risk is captured by uncertainty about the policy variables in the regulator's objective function: weights attached to profits and costs of public funds. Results are as follows: 1) The regulator's reaction to regulatory risk depends on the curvature of the aggregate demand function. 2) It yields a positive information rent effect exactly when demand is convex. 3) Firms benefit from regulatory risk exactly when demand is convex. 4) Consumers' risk preferences tend to contradict the firms. 5) Benevolent regulators always prefer regulatory risk and these preferences may contradict both the firms and consumers' preferences.en
dc.language.isoengen
dc.publisher|aHumboldt University of Berlin, Collaborative Research Center 649 - Economic Risk |cBerlinen
dc.relation.ispartofseries|aSFB 649 Discussion Paper |x2009,006en
dc.subject.jelL51en
dc.subject.jelD82en
dc.subject.ddc330en
dc.subject.keywordOptimal incentive regulationen
dc.subject.keywordregulatory risken
dc.subject.keywordprocurementen
dc.subject.keywordinformation rentsen
dc.subject.stwAnreizregulierungen
dc.subject.stwRegulierungen
dc.subject.stwWirtschaftspolitisches Zielen
dc.subject.stwRisikoen
dc.subject.stwInformationswerten
dc.subject.stwRententheorieen
dc.subject.stwMikroökonomische Konsumfunktionen
dc.subject.stwTheorieen
dc.titleRegulatory risk under optimal incentive regulation-
dc.type|aWorking Paperen
dc.identifier.ppn590235869en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
356.41 kB





Publikationen in EconStor sind urheberrechtlich geschützt.