@techreport{903bf89bf9ff40b39bfabed7d26ff9b9,
title = "The Investment Effects of Price Caps under Imperfect Competition. A Note.",
abstract = "This note analyzes a simple Cournot model where firms choose outputs and capacities facing varying demand and price-cap regulation. We find that binding price caps set above long-run marginal cost increase (rather than decrease) aggregate capacity investment.",
author = "Anton Burger and Stefan B{\"u}hler and Robert Ferstl",
year = "2008",
language = "English",
series = "Working Papers / Research Institute for Regulatory Economics",
number = "2008,3",
publisher = "Forschungsinstitut f{\"u}r Regulierungs{\"o}konomie, WU Vienna University of Economics and Business",
edition = "Sept. 2008",
type = "WorkingPaper",
institution = "Forschungsinstitut f{\"u}r Regulierungs{\"o}konomie, WU Vienna University of Economics and Business",
}