Incentive indexes for regulated industries

Authors
Diewert, WE Fox, KJ
Citation
We. Diewert et Kj. Fox, Incentive indexes for regulated industries, J REGUL EC, 17(1), 2000, pp. 5-24
Citations number
45
Categorie Soggetti
Economics
Journal title
JOURNAL OF REGULATORY ECONOMICS
ISSN journal
0922680X → ACNP
Volume
17
Issue
1
Year of publication
2000
Pages
5 - 24
Database
ISI
SICI code
0922-680X(200002)17:1<5:IIFRI>2.0.ZU;2-2
Abstract
A range of performance measures are suggested and evaluated in the context of regulated industries with multiple inputs and/or multiple outputs. These measures are intended to induce optimizing behavior, i.e., to induce unit cost minimization or productivity growth maximization. Intertemporal and pr actical implementation issues are also considered.