MODELY CENOVEJ REGULÁCIE SIEŤOVÝCH ODVETVÍ

• Authors: Fendeková Eleonóra , Michal Fendek

Title variants

EN

Models of price regulation of network industries

• Languages of publication: SK

Abstracts

EN

The role of regulation mechanisms is increasing in relation with objectification and increases in nationwide operation effectiveness of natural monopolies in network industries on the market. Its aim is the closest approximation of proportions between price and level of network industry products supply to the situation which would occur in the conditions of the market competition. In this paper the authors are dealing with the issue of the price regulation on the network industries market. Besides the general characteristic of network industries regulation principles they aim on presentation of type models of regulation. The conditions for equilibrium of network industries and methods of their regulations are examined in the paper. They analyse effectiveness comparison of the two frequently used schemes for monopoly price regulation – “rate of return regulation model” and “return on output regulation model”. Attention is paid to the ways of quantification reasonable profit in models of regulation in network industries.

Keywords

EN

NETWORK INDUSTRY; NATURAL MONOPOLY; PRICE REGULATION

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2010
• Volume: 58
• Issue: 10
• Pages: 1039 – 1054

Contributors

author

Fendeková Eleonóra

• Ekonomická univerzita v Bratislave, Fakulta podnikového manažmentu, Katedra podnikovohospodárska, Dolnozemská cesta 1, 852 35 Bratislava, Slovak Republic

author

Michal Fendek