How Long to Read Incentive Regulation and the Regulation of Incentives

How Long Does it Take to Read Incentive Regulation and the Regulation of Incentives?

It takes the average reader 2 hours and 22 minutes to read Incentive Regulation and the Regulation of Incentives by Glenn Blackmon

Assuming a reading speed of 250 words per minute. Learn more

Description

The class is theory of price regulation assumed that the regulator knows the fIrm's costs, the key piece of information that enables regulators to pressure fmns to choose appropriate behaviors. The "regulatory problem" was reduced to a mere pricing problem: the regulator's goal was to align price with marginal cost, subject to the constraint that revenues must cover costs. Elegant and important insights ensued. The most important was that regulation was inevitably a struggle to achieve second-best outcomes. (Ramsey pricing was a splendid example. ) Reality proved harsh to regulatory theory. The fmn's costs are by no means known to the regulator. At best, the regulator may know how much is currently spent to provide services, but hardly what costs would be if the fmn vigorously pursued effIciency. Even if the current cost curve were known to the regulator, technologies change so swiftly that today's costs are a very poor indicator of tomorrow's, and those are the costs that will determine the fIrm's future decisions. With the burgeoning attention to information considerations and game theory in economics, the regulator's problem of eliciting host information about cost has received considerable attention. In most cases, however, it has been in context that are both static and stylized; such analyses rarely capture many of the essential elements of real world regulatory issues. This volume represents a fresh approach. It reflects Glenn Blackmon's twin strengths, a keen analytic mind and important experience in the regulatory arena.

How long is Incentive Regulation and the Regulation of Incentives?

Incentive Regulation and the Regulation of Incentives by Glenn Blackmon is 138 pages long, and a total of 35,604 words.

This makes it 47% the length of the average book. It also has 44% more words than the average book.

How Long Does it Take to Read Incentive Regulation and the Regulation of Incentives Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 14 minutes to read Incentive Regulation and the Regulation of Incentives aloud.

What Reading Level is Incentive Regulation and the Regulation of Incentives?

Incentive Regulation and the Regulation of Incentives is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Incentive Regulation and the Regulation of Incentives?

Incentive Regulation and the Regulation of Incentives by Glenn Blackmon is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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