The Study of Regulation Pricing
Yidan Zhang · Ruan kexue · 2003
Regulation pricing is the important content of economic regulation.In the regulation game,the information possessed by players is asymmetric,so symmetric and asymmetric information symmetric will result in different pricing.Under extreme circumstance,when regulator possesses the regulated perfect information,marginal-cost pricing and average-cost pricing are often employed.More often the information is asymmetric,however,with development of technology and changing of economic condition,the price -cap regulation should be employed to improve the cost efficiency of the regulated.