LIBROS DEL AUTOR: glenn blackmon

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  • Incentive Regulation and the Regulation of Incentives
    Glenn Blackmon
    The class is theory of price regulation assumed that the regulator knows the fIrm’s costs, the key piece of information that enables regulators to pressure fmns to choose appropriate behaviors. The 'regulatory problem' was reduced to a mere pricing problem: the regulator’s goal was to align price with marginal cost, subject to the constraint that reve...
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