Two-Part Tariffs in a Contestable Natural Monopoly.
When contestability constrains the profits of a natural monopoly to zero, consumers can benefit from a two-part tariff. In this case, a uniform price schedule would be both Pareto dominated and unsustainable. Copyright 1987 by The Review of Economic Studies Limited.
Year of publication: |
1987
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Authors: | Shaffer, Sherrill |
Published in: |
Economica. - London School of Economics (LSE). - Vol. 54.1987, 215, p. 315-16
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Publisher: |
London School of Economics (LSE) |
Saved in:
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