The network industry, monopoly regulation, and social optimum

Uriel Spiegel; Uri Ben-Zion; Tchai Tavor; Joseph Templeman

doi:10.1080/13571510802465104

The network industry, monopoly regulation, and social optimum

Uriel Spiegel
, Uri Ben-Zion
, Tchai Tavor
, Joseph Templeman

University of Pennsylvania
Ben-Gurion University of the Negev
Max Stern Academic College of Emek Yezreel
The College of Business Administration

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

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.

Original language	English
Pages (from-to)	323-337
Number of pages	15
Journal	International Journal of the Economics of Business
Volume	15
Issue number	3
DOIs	https://doi.org/10.1080/13571510802465104
State	Published - Nov 2008

Keywords

Duopoly
Monopoly
Network externalities
Quality
Social optimum

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10.1080/13571510802465104

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The network industry, monopoly regulation, and social optimum

Abstract

Keywords

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