An alternative to natural monopoly

被引：0

作者：

Carbonell-Nicolau, Oriol ^{[1
]}

机构：

[1] Rutgers State Univ, Dept Econ, 75 Hamilton St, New Brunswick, NJ 08901 USA

来源：

JOURNAL OF REGULATORY ECONOMICS | 2020年 / 58卷 / 2-3期

关键词：

Natural monopoly; Deadweight loss from monopoly; Decreasing average costs; Shared ownership;

D O I：

10.1007/s11149-020-09416-x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We consider a shared ownership arrangement among consumers/owners as a means to organize production with an underlying decreasing average cost function typical of natural monopolies. The resulting output allocation yields a lower deadweight loss than the monopoly allocation, and is, in some cases, efficient.

引用

页码：184 / 192

页数：9

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