Jong, Roelof de; Nentjes, Andries; Wiersma, Doede - In: Journal of Institutional and Theoretical Economics (JITE) 158 (2002) 2, pp. 221-221
Usually public monopoly firms have the task of providing services while covering costs with the revenue from charges paid by users. From the literature it is known that if users take the charge as given, the zero-profit constraint of the public firm results in an inefficient allocation of...