STRUCTURE REGULATION, PRICE STRUCTURE, CROSS-SUBSIDIZATION AND MARGINAL COST OF PUBLIC FUNDS

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题名:	STRUCTURE REGULATION, PRICE STRUCTURE, CROSS-SUBSIDIZATION AND MARGINAL COST OF PUBLIC FUNDS
作者:	Chang,MC;Peng,HP
贡献者:	產業經濟研究所
关键词:	DIFFERENTIATED DUOPOLY;PRODUCTION EFFICIENCY;QUANTITY COMPETITION;OPTIMAL TAXATION;ENTRY BARRIERS;WELFARE;MARKETS;GOODS;TELECOMMUNICATIONS;COMPATIBILITY
日期:	2009
上传时间:	2010-06-29 20:31:23 (UTC+8)
出版者:	中央大學
摘要:	In this paper we study the social desirability of the structure regulation which transforms a single multi-product monopoly into an oligopoly where the industry produces differentiated complementary goods. In particular, we pay special attention to the cross-subsidization which will be eliminated by the structure regulation. It is established that if horizontal externalities between the goods are not too strong, then the monopoly has a socially optimal price structure. In contrast, the oligopoly always distorts the price structure. We also demonstrate that the monopoly will cross-subsidize a product if and only if this product has a relatively low absolute advantage.
關聯:	MANCHESTER SCHOOL
显示于类别:	[產業經濟研究所] 期刊論文

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