Coverart for item
The Resource The theory of natural monopoly, William W. Sharkey, (electronic resource)

The theory of natural monopoly, William W. Sharkey, (electronic resource)

Label
The theory of natural monopoly
Title
The theory of natural monopoly
Statement of responsibility
William W. Sharkey
Creator
Subject
Language
eng
Summary
The theory of natural monopoly has been substantially transformed in previous years. Ina clear and straightforward style, Dr. Sharkey gives an integrated presentation of the modern approach to this subject. Although the book is mainly conceptual in nature, the final chapter on natural monopoly in the telecommunications industry shows the practical applications of the theory. After an historical survey of natural monopoly, there follows a chapter stating and explaining the main results as well as giving a preliminary overview of the rest of the book, where concepts such as the subadditivity of costs, optimal pricing, sustainability, and destructive competition are presented. The essence of the subject is presented in a manner accessible to the general reader, though the book also provides a synthesis of the subject suitable for advanced students. --
Assigning source
Provided by publisher
Cataloging source
UkCbUP
http://library.link/vocab/creatorName
Sharkey, William W
Index
index present
Literary form
non fiction
Nature of contents
dictionaries
Series statement
Cambridge Social Sciences eBooks
http://library.link/vocab/subjectName
Monopolies
Label
The theory of natural monopoly, William W. Sharkey, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=https://doi.org/10.1017/CBO9780511571817
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Preface -- Introduction and overview -- Historical survey of natural monopoly -- Evolution of the theory of natural monopoly -- Natural monopoly and economies of scale -- Natural monopoly and destructive competition -- Concluding comments -- Natural monopoly and economic theory: some basic results -- Competitive equilibrium and monopoly equilibrium -- General competitive equilibrium -- The theory of joint production -- Fixed costs and the theory of cross-subsidization -- The theory of the firm and increasing returns -- Public goods and collective choice -- Public enterprise pricing and the theory of the second best -- Concluding comments -- Natural monopoly and sub additivity of costs -- Natural monopoly in a single output market -- Multiple output natural monopoly: basic results -- Sufficient conditions for subadditivity in multiple output production -- Plant subadditivity and firm subadditivity -- Transactions costs and firm subadditivity -- Concluding comments -- Sustainability of natural monopoly -- Sustainability of single output natural monopoly -- Sustainability of multiple output natural monopoly -- A game theoretic approach to crosssubsidization and the stability of natural monopoly -- Concluding comments -- A game theoretic analysis of destructive competition -- Game theoretic preliminaries -- Sufficient conditions for a stable market -- Destructive competition: examples of unstable markets -- Concluding comments -- Competition in natural monopoly and natural oligopoly markets -- The rationale for regulation -- Contestable markets and barriers to entry -- Some complications in a dynamic natural monopoly market -- Limit and predatory pricing -- Concluding comments -- Noncooperative equilibria in a contestable market -- Natural monopoly and the telecommunications industry -- The nature of demand in telecommunications -- Characteristics of telecommunications technology -- Econometric studies of the telecommunications industry -- Competition in telecommunications and the changing structure of the industry -- Concluding comments -- References -- Index
Control code
CR9780511571817
Dimensions
unknown
Extent
1 online resource (viii, 229 pages)
Form of item
online
Governing access note
Use of this electronic resource may be governed by a license agreement which restricts use to the European University Institute community. Each user is responsible for limiting use to individual, non-commercial purposes, without systematically downloading, distributing, or retaining substantial portions of information, provided that all copyright and other proprietary notices contained on the materials are retained. The use of software, including scripts, agents, or robots, is generally prohibited and may result in the loss of access to these resources for the entire European University Institute community
Isbn
9780511571817
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
digital, PDF file(s).
Specific material designation
remote
System control number
(OCoLC)726824827
Label
The theory of natural monopoly, William W. Sharkey, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=https://doi.org/10.1017/CBO9780511571817
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Preface -- Introduction and overview -- Historical survey of natural monopoly -- Evolution of the theory of natural monopoly -- Natural monopoly and economies of scale -- Natural monopoly and destructive competition -- Concluding comments -- Natural monopoly and economic theory: some basic results -- Competitive equilibrium and monopoly equilibrium -- General competitive equilibrium -- The theory of joint production -- Fixed costs and the theory of cross-subsidization -- The theory of the firm and increasing returns -- Public goods and collective choice -- Public enterprise pricing and the theory of the second best -- Concluding comments -- Natural monopoly and sub additivity of costs -- Natural monopoly in a single output market -- Multiple output natural monopoly: basic results -- Sufficient conditions for subadditivity in multiple output production -- Plant subadditivity and firm subadditivity -- Transactions costs and firm subadditivity -- Concluding comments -- Sustainability of natural monopoly -- Sustainability of single output natural monopoly -- Sustainability of multiple output natural monopoly -- A game theoretic approach to crosssubsidization and the stability of natural monopoly -- Concluding comments -- A game theoretic analysis of destructive competition -- Game theoretic preliminaries -- Sufficient conditions for a stable market -- Destructive competition: examples of unstable markets -- Concluding comments -- Competition in natural monopoly and natural oligopoly markets -- The rationale for regulation -- Contestable markets and barriers to entry -- Some complications in a dynamic natural monopoly market -- Limit and predatory pricing -- Concluding comments -- Noncooperative equilibria in a contestable market -- Natural monopoly and the telecommunications industry -- The nature of demand in telecommunications -- Characteristics of telecommunications technology -- Econometric studies of the telecommunications industry -- Competition in telecommunications and the changing structure of the industry -- Concluding comments -- References -- Index
Control code
CR9780511571817
Dimensions
unknown
Extent
1 online resource (viii, 229 pages)
Form of item
online
Governing access note
Use of this electronic resource may be governed by a license agreement which restricts use to the European University Institute community. Each user is responsible for limiting use to individual, non-commercial purposes, without systematically downloading, distributing, or retaining substantial portions of information, provided that all copyright and other proprietary notices contained on the materials are retained. The use of software, including scripts, agents, or robots, is generally prohibited and may result in the loss of access to these resources for the entire European University Institute community
Isbn
9780511571817
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
digital, PDF file(s).
Specific material designation
remote
System control number
(OCoLC)726824827

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