Description: 1 Introduction.- 2 A Non-Bayesian Incentive Mechanism Using Two-Part Tariffs.- 3 Regulating by Capping Prices.- 4 Information, Incentives, and Commitment in Regulatory Mechanisms: Regulatory Innovation in Telecommunications.- 5 Productivity and Price Caps in Telecommunications.- 6 Constant and Variable Productivity Adjustments for Price-Cap Regulation.- 7 A Sequential Mechanism for Direct Price Regulation.- 8 Incentives for Cost Reduction Under Price-Cap Regulation.- 9 The Quality of Regulation in Regulating Quality: A Proposal for an Integrated Incentive Approach to Telephone Service Performance.- 10 Optional Tariffs for Access Under the FCC's Price-Cap Proposal.- 11 Optional Calling Plans and Bypass Efficiency.- 12 Pricing and Investment Incentives Under Price Ceiling Regulation.

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