Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.euroecorev.2005.08.004
DC FieldValue
dc.titlePricing access: Forward-looking versus backward-looking cost rules
dc.contributor.authorGuthrie, G.
dc.contributor.authorSmall, J.
dc.contributor.authorWright, J.
dc.date.accessioned2016-12-13T05:30:52Z
dc.date.available2016-12-13T05:30:52Z
dc.date.issued2006-10
dc.identifier.citationGuthrie, G., Small, J., Wright, J. (2006-10). Pricing access: Forward-looking versus backward-looking cost rules. European Economic Review 50 (7) : 1767-1789. ScholarBank@NUS Repository. https://doi.org/10.1016/j.euroecorev.2005.08.004
dc.identifier.issn00142921
dc.identifier.urihttp://scholarbank.nus.edu.sg/handle/10635/132298
dc.description.abstractRegulators across many different jurisdictions and industries have recently adopted the practice of setting access prices based on the current costs of providing the relevant facilities. Though widely regarded as being efficient, the efficiency implications of using current costs instead of historical costs have not been formally analyzed. Our analysis shows that given stochastic costs, forward-looking access prices retard investment and are generally dominated by access prices determined by historical cost whenever investment is desired. © 2005 Elsevier B.V. All rights reserved.
dc.description.urihttp://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1016/j.euroecorev.2005.08.004
dc.sourceScopus
dc.subjectAccess pricing
dc.subjectInvestment
dc.subjectRegulation
dc.subjectTelecommunications
dc.subjectTELRIC
dc.typeArticle
dc.contributor.departmentECONOMICS
dc.description.doi10.1016/j.euroecorev.2005.08.004
dc.description.sourcetitleEuropean Economic Review
dc.description.volume50
dc.description.issue7
dc.description.page1767-1789
dc.identifier.isiut000240909500008
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