Arbeitspapier
An Alternative to Natural Monopoly
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.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2019-04
- Classification
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Wirtschaft
Monopoly; Monopolization Strategies
Oligopoly and Other Imperfect Markets
- Subject
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natural monopoly
deaweight loss from monopoly
decreasing average costs
- Event
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Geistige Schöpfung
- (who)
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Carbonell-Nicolau, Oriol
- Event
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Veröffentlichung
- (who)
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Rutgers University, Department of Economics
- (where)
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New Brunswick, NJ
- (when)
-
2019
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Carbonell-Nicolau, Oriol
- Rutgers University, Department of Economics
Time of origin
- 2019
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