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.
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页码：184 / 192
页数：9
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