| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9928 |
| DP9928 Consumer Standards as a Strategic Device to Mitigate Ratchet Effects in Dynamic Regulation | |
| Roland Strausz | |
| 发表日期 | 2014-04-06 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by mitigating ratchet effects associated with short term contracting. A pure consumer standard alleviates the regulator's myopic temptation to raise output after learning the firm is inefficient. Anticipating this tougher regulatory behavior, efficient firms find it less attractive to exaggerate costs. This reduces the need for long term rents and mitigates ratchet effects. A welfare standard biased towards consumers entails, however, allocative costs arising from partial separation of the firms' cost types. A trade-off results which favors strategic delegation when efficient firms are relatively likely. |
| 主题 | Industrial Organization |
| 关键词 | Consumer standard Dynamic regulation Limited commitment Ratchet effects Strategic delegation |
| URL | https://cepr.org/publications/dp9928 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538762 |
| 推荐引用方式 GB/T 7714 | Roland Strausz. DP9928 Consumer Standards as a Strategic Device to Mitigate Ratchet Effects in Dynamic Regulation. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Roland Strausz]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Roland Strausz]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Roland Strausz]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
