Comparative statics of a monopolistic firm facing price-cap and command-and-control environmental regulations

A-Tier
Journal: Energy Economics
Year: 2014
Volume: 46
Issue: C
Pages: 464-471

Score contribution per author:

4.036 = (α=2.02 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

An exhaustive comparative statics analysis of a model of a monopolistic firm facing price-cap regulation and a variety of commonly implemented command-and-control environmental regulations is carried out. The comparative statics are intrinsic to each of the models and thus form their basic, empirically testable properties. Several unanticipated results emerge from the analysis. In particular, it is shown that a subset of the intrinsic comparative statics are qualitatively invariant to all of the commonly employed command-and-control environmental regulations that a price-cap regulated profit-maximizing monopoly might face, while others are specific to the type of command-and-control environmental regulation in place.

Technical Details

RePEc Handle
repec:eee:eneeco:v:46:y:2014:i:c:p:464-471
Journal Field
Energy
Author Count
1
Added to Database
2026-01-25