Industry Structure and Pricing
The New Rivalry in Infrastructure
1st Edition
Published on 9. March 2013
XI, 207 pages
978-1-4757-5456-8 (ISBN)
Description
Industry Structure and Pricing: The New Rivalry in Infrastructure extends current economic models by incorporating effects of actual and potential rivalry in markets outside the markets of immediate interest. Focusing on the contestable model, the author shows how diverse patterns of actual and potential rivalry, called multilateral rivalry or MLR, affect the appropriateness of many regulatory policies. It is specifically shown that many conclusions of the contestability literature are overly generous to firms that might want to protect or extend their monopoly positions. While this book's refinement to existing economic theory gives strong results, it is still based on static production functions and demands - integrated to provide a dynamic view of multilateral rivalry.
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Book
12/2010
Springer
€171.19
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Book
11/1999
Kluwer Academic Publishers
€171.19
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Content
1. Introduction.- 2. The New Rivalry in Infrastructure.- 3. Tests for Natural Monopoly.- 4. Theory and Application of Subsidy-Free Prices.- 5. Sustainability of Firms and Prices.- 6. Prices for Inputs Sold to Competitors.- 7. Conclusion.
