Access pricing in network industries with mixed oligopoly
| Autor: | Shana Cui, David E. M. Sappington |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
TheoryofComputation_MISCELLANEOUS
Economics and Econometrics Access network Access pricing 020209 energy 05 social sciences Public enterprise 02 engineering and technology Private sector Purchasing Oligopoly 0502 economics and business 0202 electrical engineering electronic engineering information engineering Economics 050207 economics Industrial organization Public finance |
| Zdroj: | Journal of Regulatory Economics. |
| ISSN: | 1573-0468 0922-680X |
| DOI: | 10.1007/s11149-021-09427-2 |
| Popis: | We characterize optimal regulated access prices in mixed oligopoly network industries where a private, profit-maximizing firm competes against a public enterprise after purchasing an essential input (e.g., network access). Optimal access prices often are lower for the private firm than for the public enterprise, and can be particularly low for a relatively efficient private supplier. In contrast to a private, profit-maximizing input supplier, the regulator reduces the access price charged to a private supplier as it becomes more efficient. The optimal access price for a private firm is the same whether it competes against another private firm or a public enterprise. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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