Do consumers benefit from tighter price cap regulation?

Autor:	Mingyuan Zhang, Dennis L. Weisman, Jaesung Kang
Rok vydání:	2000
Předmět:	Interdependence Microeconomics Economics and Econometrics Price-cap regulation media_common.quotation_subject Mid price Economics Monetary economics Consumer welfare Finance media_common
Zdroj:	Economics Letters. 67:113-119
ISSN:	0165-1765
Popis:	This paper examines whether consumers necessarily benefit from tightening the price cap. We find that a tighter price cap always increases consumer welfare when demands are independent. Conversely, when demands are interdependent a tighter price cap may reduce consumer welfare.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a4d89829bc38c5e83982a0472f773468 https://doi.org/10.1016/s0165-1765(99)00252-9 Zobrazit plný text záznamu Full Text from ScienceDirect