Making Hay While the Sun Shines
研究了英吉利海峡隧道特许权授予后至隧道建成期间（八年），跨海峡渡轮公司如何大幅提高汽车渡轮的实际公布价格，并提出了一个解释价格上涨的管制干预模型。
This paper analyzes the pricing behavior of cross channel ferry companies in the eight-year period between awarding the Channel Tunnel franchise and the completion of the construction of the tunnel. The ferry companies appear to have 'made hay' by significantly increasing some published prices for car ferry journeys in real terms over the period. The paper presents a model of regulatory intervention that can account for increasing prices. Copyright 1996 by Blackwell Publishing Ltd.