A model of sliding-scale regulation

Lyon, Thomas P.

doi:10.1007/bf00133475

Cited by 113Regulation and Compliance StudiesMerger and Competition AnalysisLegal and Constitutional Studies

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A model of sliding-scale regulation

Lyon, Thomas P.·1996·Journal of Regulatory Economics

DOI 10.1007/bf00133475

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Menus of contracts, profit-sharing or sliding-scale arrangements, and ratchets are likely to provide a better balance between performance incentives and rent extraction goals.
“Indeed, menus of contracts, profit-sharing or sliding-scale arrangements (Lyon, 1996), and ratchets are likely to provide a better balance between performance incentives and rent extraction goals (e.g., Laffont & Tirole, 1993; Schmalensee, 1989).”
From The Expansion of Incentive (Performance-Based) Regulation of Electricity Distribution and Transmission in the United States (2024) · cites this paper as Lyon, 1996

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Authors: Lyon, T. P.
Affiliations: University of Chicago (US)
Corresponding author: Lyon, Thomas P.
ORCID: Lyon, Thomas P.
Venue: Journal of Regulatory Economics
Publisher: Springer Science and Business Media LLC
Published: 1996-05
Volume: 9
Issue: 3
Pages: 227-247
ISSN: 0922-680X (ISSN-L)
1573-0468
DOI: 10.1007/bf00133475
OpenAlex: W2258705372
Cited by: 113
References: 28
Citations by year: 2026: 2 · 2024: 1 · 2023: 3 · 2022: 2 · 2021: 1 · 2019: 34 · 2018: 1 · 2017: 2 · 2016: 2 · 2015: 3 · 2014: 4 · 2013: 2
FWCI: 13.45
Type: journal article
Language: en
Open access: closed
Licence: www.springer.com/tdm (tdm)
Locations: Journal of Regulatory Economics (publishedVersion)
RePEc: Research Papers in Economics (submittedVersion)
Topics: Social Sciences › Public Administration › Regulation and Compliance Studies
Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Merger and Competition Analysis
Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Legal and Constitutional Studies
Keywords: profit sharing, price caps, incentive regulation, cost-reducing innovation, firm costs

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