Interactive Glossary

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Quality incentives:
Under price cap regulation or rate of return regulation, the agency could introduce quality targets and reward the supplier based on achieving these objectives. The process involves establishing appropriate rewards and penalties (which also requires some assessment of customers' willingness to pay). See quality measurement.
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Pure economic rent
Public telecommunications network
Public switched telephone network (PSTN)
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Public limited company
Public interest theory of regulation
Public interest goals
Public goods
Public expenditure