ECONOMIC THEORY OF REGULATORY CONSTRAINT

In this book the regulatory process is described by the imposition of quantifiable constraints that limit a firm's ability to maximize its objective function--usually taken to be profits. The book has little to say about the aims of regulation, the rationale for specific regulatory policies, or the problems of implementing and enforcing regulation. What is described in a formal and rigorous analysis showing the theoretical implications of alternative regulatory constraints.

• Corporate Authors:

  Heath (DC) and Company

  Lexington Books, 125 Spring Street
  Lexington, MA  United States  02173
• Authors:
  • Bailey, E E
• Publication Date: 1973

Media Info

• Pagination: 200 p.

Subject/Index Terms

• TRT Terms: Economic analysis; Mathematical models; Profitability; Regulations
• Old TRIS Terms: Government regulations; Profitability measurement
• Subject Areas: Economics; Law; Railroads;

Filing Info

• Accession Number: 00081385
• Record Type: Publication
• Files: TRIS
• Created Date: Mar 6 1976 12:00AM