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Quality Variation When Prices Are Regulated

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Author Info
Lawrence J. White
Abstract

Quality has been a neglected area of public utility regulation analysis. Many authors are uneasy about the quality levels that result from regulation but they frequently can only conclude that "it is uncertain whether consumers found this quality to be worth the price they paid."

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Publisher Info
Article provided by The RAND Corporation in its journal Bell Journal of Economics.

Volume (Year): 3 (1972)
Issue (Month): 2 (Autumn)
Pages: 425-436
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Handle: RePEc:rje:bellje:v:3:y:1972:i:autumn:p:425-436

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  1. Lawrence J. White, 2006. "The Residential Real Estate Brokerage Industry: What Would More Vigorous Competition Look Like?," Working Papers 06-06, New York University, Leonard N. Stern School of Business, Department of Economics. [Downloadable!]
  2. Paul J. Gertler & Donald M. Waldman, 1990. "Quality Adjusted Cost Functions," NBER Working Papers 3567, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. David P. Baron, 1978. "Price Regulation, Quality, and Asymmetric Information," Discussion Papers 359, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  4. Richard G. Frank & David S. Salkever, 1991. "Altruism, Rivalry and Crowding-Out in the Nonprofit Firm's Supply of Charity Services: The Case of Hospitals," NBER Working Papers 2753, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. David Meltzer & Jeanette Chung, 2002. "Effects of Competition Under Prospective Payment on Hospital Costs Among High- and Low-Cost Admissions: Evidence from California, 1983 and 1993," Forum for Health Economics & Policy, Berkeley Electronic Press, vol. 5(1), pages 1029-1029. [Downloadable!] (restricted)
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This page was last updated on 2008-12-28.

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