The investment effects of price caps under imperfect competition: A note

Buehler, Stefan and Burger, Anton and Ferstl, Robert (2010) The investment effects of price caps under imperfect competition: A note. ECONOMICS LETTERS, 106 (2). pp. 92-94. ISSN 0165-1765,

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Abstract

We examine the impact of price cap regulation oil the Capacity investments of oligopolistic suppliers facing time-varying demand We find that binding price caps set above long-run marginal cost increase (rather than decrease) aggregate capacity investment (C) 2009 Elsevier B V All rights reserved.

Item Type: Article
Uncontrolled Keywords: EQUILIBRIA; MARKETS; Capacity; Investment; Cournot competition; Price cap
Subjects: 600 Technology > 650 Management & auxiliary services
Divisions: Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Finanzierung (Prof. Dr. Gregor Dorfleitner)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 07 Aug 2020 11:43
Last Modified: 07 Aug 2020 11:43
URI: https://pred.uni-regensburg.de/id/eprint/25188

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