The theory of natural monopoly:
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 th...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
1982
|
| Subjects: | |
| Online Access: | BSB01 UBG01 Volltext |
| 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 |
| Item Description: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Physical Description: | 1 online resource (viii, 229 pages) |
| ISBN: | 9780511571817 |
| DOI: | 10.1017/CBO9780511571817 |
Staff View
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV043927548 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 161202s1982 |||| o||u| ||||||eng d | ||
| 020 | |a 9780511571817 |c Online |9 978-0-511-57181-7 | ||
| 024 | 7 | |a 10.1017/CBO9780511571817 |2 doi | |
| 035 | |a (ZDB-20-CBO)CR9780511571817 | ||
| 035 | |a (OCoLC)967417905 | ||
| 035 | |a (DE-599)BVBBV043927548 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-473 | ||
| 082 | 0 | |a 338.8/2/01 |2 19eng | |
| 084 | |a QC 133 |0 (DE-625)141251: |2 rvk | ||
| 084 | |a QR 300 |0 (DE-625)142024: |2 rvk | ||
| 100 | 1 | |a Sharkey, William W. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a The theory of natural monopoly |c William W. Sharkey |
| 264 | 1 | |a Cambridge |b Cambridge University Press |c 1982 | |
| 300 | |a 1 online resource (viii, 229 pages) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 500 | |a Title from publisher's bibliographic system (viewed on 05 Oct 2015) | ||
| 505 | 8 | |a 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 -- | |
| 505 | 8 | |a 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 -- | |
| 505 | 8 | |a Competition in telecommunications and the changing structure of the industry -- Concluding comments -- References -- Index | |
| 520 | |a 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 | ||
| 650 | 4 | |a Monopolies | |
| 650 | 0 | 7 | |a Wirtschaftstheorie |0 (DE-588)4079351-5 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Monopoltheorie |0 (DE-588)4279211-3 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Natürliches Monopol |0 (DE-588)4137113-6 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Theorie |0 (DE-588)4059787-8 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Monopol |0 (DE-588)4040098-0 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Natürliches Monopol |0 (DE-588)4137113-6 |D s |
| 689 | 0 | 1 | |a Wirtschaftstheorie |0 (DE-588)4079351-5 |D s |
| 689 | 0 | |8 1\p |5 DE-604 | |
| 689 | 1 | 0 | |a Natürliches Monopol |0 (DE-588)4137113-6 |D s |
| 689 | 1 | 1 | |a Theorie |0 (DE-588)4059787-8 |D s |
| 689 | 1 | |8 2\p |5 DE-604 | |
| 689 | 2 | 0 | |a Monopoltheorie |0 (DE-588)4279211-3 |D s |
| 689 | 2 | |8 3\p |5 DE-604 | |
| 689 | 3 | 0 | |a Monopol |0 (DE-588)4040098-0 |D s |
| 689 | 3 | |8 4\p |5 DE-604 | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druckausgabe |z 978-0-521-24394-0 |
| 776 | 0 | 8 | |i Erscheint auch als |n Druckausgabe |z 978-0-521-27194-3 |
| 856 | 4 | 0 | |u https://doi.org/10.1017/CBO9780511571817 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-20-CBO | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-029336626 | ||
| 883 | 1 | |8 1\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
| 883 | 1 | |8 2\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
| 883 | 1 | |8 3\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
| 883 | 1 | |8 4\p |a cgwrk |d 20201028 |q DE-101 |u https://d-nb.info/provenance/plan#cgwrk | |
| 966 | e | |u https://doi.org/10.1017/CBO9780511571817 |l BSB01 |p ZDB-20-CBO |q BSB_PDA_CBO |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.1017/CBO9780511571817 |l UBG01 |p ZDB-20-CBO |q UBG_PDA_CBO |x Verlag |3 Volltext | |
Record in the Search Index
| _version_ | 1804176856407080960 |
|---|---|
| any_adam_object | |
| author | Sharkey, William W. |
| author_facet | Sharkey, William W. |
| author_role | aut |
| author_sort | Sharkey, William W. |
| author_variant | w w s ww wws |
| building | Verbundindex |
| bvnumber | BV043927548 |
| classification_rvk | QC 133 QR 300 |
| collection | ZDB-20-CBO |
| 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 |
| ctrlnum | (ZDB-20-CBO)CR9780511571817 (OCoLC)967417905 (DE-599)BVBBV043927548 |
| dewey-full | 338.8/2/01 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 338 - Production |
| dewey-raw | 338.8/2/01 |
| dewey-search | 338.8/2/01 |
| dewey-sort | 3338.8 12 11 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511571817 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05690nmm a2200685zc 4500</leader><controlfield tag="001">BV043927548</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">161202s1982 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780511571817</subfield><subfield code="c">Online</subfield><subfield code="9">978-0-511-57181-7</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1017/CBO9780511571817</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-20-CBO)CR9780511571817</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)967417905</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV043927548</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-473</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">338.8/2/01</subfield><subfield code="2">19eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QC 133</subfield><subfield code="0">(DE-625)141251:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QR 300</subfield><subfield code="0">(DE-625)142024:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Sharkey, William W.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The theory of natural monopoly</subfield><subfield code="c">William W. Sharkey</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge</subfield><subfield code="b">Cambridge University Press</subfield><subfield code="c">1982</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (viii, 229 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Title from publisher's bibliographic system (viewed on 05 Oct 2015)</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">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 -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">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 -- </subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Competition in telecommunications and the changing structure of the industry -- Concluding comments -- References -- Index</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">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</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Monopolies</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Wirtschaftstheorie</subfield><subfield code="0">(DE-588)4079351-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Monopoltheorie</subfield><subfield code="0">(DE-588)4279211-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Natürliches Monopol</subfield><subfield code="0">(DE-588)4137113-6</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Theorie</subfield><subfield code="0">(DE-588)4059787-8</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Monopol</subfield><subfield code="0">(DE-588)4040098-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Natürliches Monopol</subfield><subfield code="0">(DE-588)4137113-6</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Wirtschaftstheorie</subfield><subfield code="0">(DE-588)4079351-5</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="8">1\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="1" ind2="0"><subfield code="a">Natürliches Monopol</subfield><subfield code="0">(DE-588)4137113-6</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2="1"><subfield code="a">Theorie</subfield><subfield code="0">(DE-588)4059787-8</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="1" ind2=" "><subfield code="8">2\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="2" ind2="0"><subfield code="a">Monopoltheorie</subfield><subfield code="0">(DE-588)4279211-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="2" ind2=" "><subfield code="8">3\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="689" ind1="3" ind2="0"><subfield code="a">Monopol</subfield><subfield code="0">(DE-588)4040098-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="3" ind2=" "><subfield code="8">4\p</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druckausgabe</subfield><subfield code="z">978-0-521-24394-0</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druckausgabe</subfield><subfield code="z">978-0-521-27194-3</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1017/CBO9780511571817</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-20-CBO</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-029336626</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">1\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">2\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">3\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="883" ind1="1" ind2=" "><subfield code="8">4\p</subfield><subfield code="a">cgwrk</subfield><subfield code="d">20201028</subfield><subfield code="q">DE-101</subfield><subfield code="u">https://d-nb.info/provenance/plan#cgwrk</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/CBO9780511571817</subfield><subfield code="l">BSB01</subfield><subfield code="p">ZDB-20-CBO</subfield><subfield code="q">BSB_PDA_CBO</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/CBO9780511571817</subfield><subfield code="l">UBG01</subfield><subfield code="p">ZDB-20-CBO</subfield><subfield code="q">UBG_PDA_CBO</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV043927548 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:38:50Z |
| institution | BVB |
| isbn | 9780511571817 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029336626 |
| oclc_num | 967417905 |
| open_access_boolean | |
| owner | DE-12 DE-473 DE-BY-UBG |
| owner_facet | DE-12 DE-473 DE-BY-UBG |
| physical | 1 online resource (viii, 229 pages) |
| psigel | ZDB-20-CBO ZDB-20-CBO BSB_PDA_CBO ZDB-20-CBO UBG_PDA_CBO |
| publishDate | 1982 |
| publishDateSearch | 1982 |
| publishDateSort | 1982 |
| publisher | Cambridge University Press |
| record_format | marc |
| spelling | Sharkey, William W. Verfasser aut The theory of natural monopoly William W. Sharkey Cambridge Cambridge University Press 1982 1 online resource (viii, 229 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) 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 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 Monopolies Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Monopoltheorie (DE-588)4279211-3 gnd rswk-swf Natürliches Monopol (DE-588)4137113-6 gnd rswk-swf Theorie (DE-588)4059787-8 gnd rswk-swf Monopol (DE-588)4040098-0 gnd rswk-swf Natürliches Monopol (DE-588)4137113-6 s Wirtschaftstheorie (DE-588)4079351-5 s 1\p DE-604 Theorie (DE-588)4059787-8 s 2\p DE-604 Monopoltheorie (DE-588)4279211-3 s 3\p DE-604 Monopol (DE-588)4040098-0 s 4\p DE-604 Erscheint auch als Druckausgabe 978-0-521-24394-0 Erscheint auch als Druckausgabe 978-0-521-27194-3 https://doi.org/10.1017/CBO9780511571817 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 4\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Sharkey, William W. The theory of natural monopoly 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 Monopolies Wirtschaftstheorie (DE-588)4079351-5 gnd Monopoltheorie (DE-588)4279211-3 gnd Natürliches Monopol (DE-588)4137113-6 gnd Theorie (DE-588)4059787-8 gnd Monopol (DE-588)4040098-0 gnd |
| subject_GND | (DE-588)4079351-5 (DE-588)4279211-3 (DE-588)4137113-6 (DE-588)4059787-8 (DE-588)4040098-0 |
| title | The theory of natural monopoly |
| title_auth | The theory of natural monopoly |
| title_exact_search | The theory of natural monopoly |
| title_full | The theory of natural monopoly William W. Sharkey |
| title_fullStr | The theory of natural monopoly William W. Sharkey |
| title_full_unstemmed | The theory of natural monopoly William W. Sharkey |
| title_short | The theory of natural monopoly |
| title_sort | the theory of natural monopoly |
| topic | Monopolies Wirtschaftstheorie (DE-588)4079351-5 gnd Monopoltheorie (DE-588)4279211-3 gnd Natürliches Monopol (DE-588)4137113-6 gnd Theorie (DE-588)4059787-8 gnd Monopol (DE-588)4040098-0 gnd |
| topic_facet | Monopolies Wirtschaftstheorie Monopoltheorie Natürliches Monopol Theorie Monopol |
| url | https://doi.org/10.1017/CBO9780511571817 |
| work_keys_str_mv | AT sharkeywilliamw thetheoryofnaturalmonopoly |