Publications [#266959] of Tracy R. Lewis

Journal Articles

1. Lewis, TR; Sappington, DEM, Sequential regulatory oversight, Journal of Regulatory Economics, vol. 2 no. 4 (December, 1990), pp. 327-348, Springer Nature, ISSN 0922-680X [doi]
   (last updated on 2023/11/06)

   Abstract:
   We examine a setting where a different regulatory commission controls the activities of a firm in each of two periods. Each commission is concerned primarily with the welfare of contemporary consumers. We examine the efficacy of three different regulatory charters in resolving the intertemporal conflicts that arise between commissions. These charters specify the extent to which the second-period commission is bound to promises made by its predecessor. © 1990 Kluwer Academic Publishers.