The regulation of multiproduct firms. Part II: Applications to competitive environments and policy analysis

Jean Jacques Laffont*, Jean Tirole

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

11 Scopus citations

Abstract

This paper extends our companion paper [Part I - Laffont and Tirole (1990)] on the regulation of the rate of return and prices of a multiproduct firm in two directions. First, it studies optimal pricing by a regulated firm competing with regulated or unregulated rivals, with or without market power or other distorted pricing. It then focuses on the access pricing problem and its potential foreclosure effects. Second, it shows how optimal pricing can be decentralized to the regulated firm in the absence of cost and demand information.

Original languageEnglish (US)
Pages (from-to)37-66
Number of pages30
JournalJournal of Public Economics
Volume43
Issue number1
DOIs
StatePublished - Oct 1990

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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