yardstick competition

Definitions

Economics

• noun a method used by a regulator to judge the performance of a group of monopoly firms, as in the case of railway companies

Health Economics

• (written as Yardstick Competition)
  This is an industrial regulatory procedure under which the regulated price is set at the average of the estimated marginal costs of the firms in the industry.

Nearby Definitions of “yardstick competition”

• yank (someone around/someone’s chain)
• Yankee
• yao horn
• yap
• yard
• yardstick competition
• yarn
• yarning
• yarra
• yarrow
• Yasser

Contexts for “yardstick competition”

2 definitions in context
• Economics
• Health Economics