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Language: en
Pages: 576
Pages: 576
Type: BOOK - Published: 1989-02-24 - Publisher: Cambridge University Press
Considered the cutting edge of microeconomic theory in the 1970s, natural monopoly research remains an active and fertile field. Policy makers and regulators ha
Language: en
Pages: 131
Pages: 131
Type: BOOK - Published: 1999-04-01 - Publisher: Cato Institute
Natural monopolies exist in those markets in which demand can be satisfied at lowest cost by the output of only one rather than several competing firms. Under s
Language: en
Pages: 548
Pages: 548
Type: BOOK - Published: 1954 - Publisher:
Language: en
Pages: 332
Pages: 332
Type: BOOK - Published: 1989-03-31 - Publisher: Cambridge University Press
Competition may not function well where technology calls for large and complex investments, as in the electrivity industry where public utilities often provide
Language: en
Pages: 338
Pages: 338
Type: BOOK - Published: 1991 - Publisher: Mit Press
Optimal Regulation addresses the central issue of regulatory economics - how toregulate firms in a way that induces them to produce and price "optimally." It sy