Price regulation in war-time
In: Review of international co-operation: the official organ of the International Co-operative Alliance, Band 33, S. 305-310
ISSN: 0034-6608
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In: Review of international co-operation: the official organ of the International Co-operative Alliance, Band 33, S. 305-310
ISSN: 0034-6608
In: Review of international co-operation: the official organ of the International Co-operative Alliance, Band 33, S. 12-15
ISSN: 0034-6608
In: The Rand journal of economics, Band 23, Heft 1, S. 29
ISSN: 1756-2171
In: Information economics and policy, Band 17, Heft 2, S. 165-174
ISSN: 0167-6245
In: The Rand journal of economics, Band 31, Heft 4, S. 744
ISSN: 1756-2171
In: Australian quarterly: AQ, Band 21, Heft 1, S. 121
ISSN: 1837-1892
In: The B.E. journal of theoretical economics, Band 10, Heft 1
ISSN: 1935-1704
In this paper we provide a taxonomy of price cap regulation in oligopoly under demand uncertainty. We show that independently of the nature of uncertainty high price caps always increase production and welfare as compared to setting no price cap. We also derive conditions on the demand distribution under which a price cap close to marginal cost can be optimal and when it is not. For demand distributions with an increasing hazard rate we show that price regulation under demand uncertainty can be viewed as a well behaved extension of the analysis for deterministic demand. For this class of distributions we characterize the optimal price cap, which is unique and may or may not be close to marginal cost. Our general framework nests the limit case of deterministic demand as well as results by Earle et al. (2007), who have shown that standard arguments supporting the imposition of price caps may break down in the presence of demand uncertainty.
The objectives of this study are to describe experiences in price setting and how pricing has been used to attain better coverage, quality, financial protection, and health outcomes. It builds on newly commissioned case studies and lessons learned in calculating prices, negotiating with providers, and monitoring changes. Recognising that no single model is applicable to all settings, the study aimed to generate best practices and identify areas for future research, particularly in low- and middle-income settings. The report and the case studies were jointly developed by the OECD and the WHO Centre for Health Development in Kobe (Japan).
In: Journal of accounting and public policy, Band 35, Heft 3, S. 256-275
ISSN: 0278-4254
In: Public money & management: integrating theory and practice in public management, Band 18, Heft 3, S. 65
ISSN: 0954-0962
In: Lecture Notes in Computer Science; Internet and Network Economics, S. 362-373
In: Scottish journal of political economy: the journal of the Scottish Economic Society, Band 64, Heft 2, S. 169-190
ISSN: 1467-9485
AbstractThis paper studies firms' obfuscation choices in a duopoly setting where two firms differ in their marginal costs of production. We show that the high‐cost firm chooses maximum obfuscation while the low‐cost firm chooses minimal (maximal) obfuscation if the cost advantage is large (small). We argue that in this setting there is a new role for price regulation as it leads to more transparent pricing. Moreover, a price cap benefits social welfare as it shifts production to the more efficient low‐cost firm.
In: USAEE Working Paper No. 17-295
SSRN
Working paper
In: LSE Legal Studies Working Paper No. 3/2017
SSRN
Working paper
In: Journal of economics, Band 95, Heft 3, S. 233-253
ISSN: 1617-7134