TY - JOUR
T1 - The network industry, monopoly regulation, and social optimum
AU - Spiegel, Uriel
AU - Ben-Zion, Uri
AU - Tavor, Tchai
AU - Templeman, Joseph
PY - 2008/11
Y1 - 2008/11
N2 - This paper examines pricing policy, quality levels, consumer surplus and social welfare for the monopoly and non-monopoly case. It is shown that given certain realistic assumptions, the network industry under unregulated monopoly would yield more social welfare than in the case of several producers in the industry, and would therefore be socially preferred.
AB - This paper examines pricing policy, quality levels, consumer surplus and social welfare for the monopoly and non-monopoly case. It is shown that given certain realistic assumptions, the network industry under unregulated monopoly would yield more social welfare than in the case of several producers in the industry, and would therefore be socially preferred.
KW - Duopoly
KW - Monopoly
KW - Network externalities
KW - Quality
KW - Social optimum
UR - http://www.scopus.com/inward/record.url?scp=56749156113&partnerID=8YFLogxK
U2 - 10.1080/13571510802465104
DO - 10.1080/13571510802465104
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AN - SCOPUS:56749156113
SN - 1357-1516
VL - 15
SP - 323
EP - 337
JO - International Journal of the Economics of Business
JF - International Journal of the Economics of Business
IS - 3
ER -