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The Impact of Rate-of-Return Regulation on Technological Innovation

By: Mark W. Frank (Author)

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Ksh 8,400.00

Format: Hardback or Cased Book

ISBN-13: 9780754616092

Publisher: Taylor & Francis Ltd

Publication Date: May 17th, 2001

Category: INDUSTRY & INDUSTRIAL STUDIES

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Using theoretical models such as the Averch-Johnson model and a two-stage Nash equilibrium model, Frank looks at what impact government rate of return regulation has on the level of technological innovation of firms in a monopolistic market structure.

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