This paper uses an analytically tractable intertemporal framework for analyzing the dynamic pricing of a utility with an underdeveloped network (a typical case in most developing countries) facing a competitive fringe, short-run network adjustment costs, theft of service, and the threat of a retaliatory regulatory review that is increasing with the price it charges. This simple dynamic optimization model yields a number of powerful policy insights...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2007/04/01
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Рабочий документ в рамках исследования вопросов политики
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WPS4198
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1
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1
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2010/07/01
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Disclosed
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The pricing dynamics of utilities with underdeveloped networks
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regulatory intervention
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