Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/11045
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dc.contributor.authorSaglam, I.-
dc.date.accessioned2024-02-11T17:17:40Z-
dc.date.available2024-02-11T17:17:40Z-
dc.date.issued2024-
dc.identifier.issn0922-680X-
dc.identifier.urihttps://doi.org/10.1007/s11149-023-09470-1-
dc.identifier.urihttps://hdl.handle.net/20.500.11851/11045-
dc.description.abstractThis paper surveys the monopoly regulation literature with the Bayesian approach. The literature builds on Baron and Myerson’s seminal 1982 paper, entitled “Regulating a Monopolist with Unknown Costs.” After presenting their contributions to the regulation literature, the paper discusses the main criticisms of their model, relating to either informational or commitment assumptions about the Bayesian regulator. The paper also briefly reviews some non-Bayesian incentive schemes, price-cap regulation, and several extensions and applications of Baron and Myerson’s regulatory model to highlight the evolution and scope of the new economics of regulation after 40 years. © 2024, The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.en_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofJournal of Regulatory Economicsen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectBayesian approachen_US
dc.subjectIncentive mechanismsen_US
dc.subjectMonopolyen_US
dc.subjectRegulationen_US
dc.titleThe Bayesian Approach To Monopoly Regulation After 40 Yearsen_US
dc.typeArticleen_US
dc.departmentTOBB ETÜen_US
dc.identifier.wosWOS:001152279100001en_US
dc.identifier.scopus2-s2.0-85182833586en_US
dc.institutionauthor-
dc.identifier.doi10.1007/s11149-023-09470-1-
dc.authorscopusid6506812060-
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
item.openairetypeArticle-
item.languageiso639-1en-
item.grantfulltextnone-
item.fulltextNo Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.cerifentitytypePublications-
crisitem.author.dept04.01. Department of Economics-
Appears in Collections:Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection
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