Arbeitspapier
Implementing Efficient Market Structure
This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the regulator is unable to control the behavior of firms once they are in the market. We adapt the Clark-Groves mechanism, characterize the optimal mechanism that maximizes the weighted sum of expected social surplus and expected tax revenue, and show that these mechanisms generally avoid budget deficits and prevent excessive entry.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 269
- Klassifikation
-
Wirtschaft
- Thema
-
Mechanism design
natural oligopoly
auctions
entry
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grimm, Veronika
Riedel, Frank
Wolfstetter, Elmar G.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Grimm, Veronika
- Riedel, Frank
- Wolfstetter, Elmar G.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2000
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