E-viri
PDF
Recenzirano
Odprti dostop
-
Carbonell-Nicolau, Oriol
Journal of regulatory economics, 12/2020, Letnik: 58, Številka: 2-3Journal Article
We consider a shared ownership arrangement among consumers/owners as a means to organize production with an underlying decreasing average cost function typical of natural monopolies. The resulting output allocation yields a lower deadweight loss than the monopoly allocation, and is, in some cases, efficient.
