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.
Heath (DC) and CompanyLexington Books, 125 Spring Street
Lexington, MA United States 02173
- Bailey, E E
- Publication Date: 1973
- Pagination: 200 p.
- TRT Terms: Economic analysis; Mathematical models; Profitability; Regulations
- Old TRIS Terms: Government regulations; Profitability measurement
- Subject Areas: Economics; Law; Railroads;
- Accession Number: 00081385
- Record Type: Publication
- Files: TRIS
- Created Date: Mar 6 1976 12:00AM