Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/26864 
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dc.contributor.authorHöffler, Felixen
dc.date.accessioned2005-05-02-
dc.date.accessioned2009-08-06T09:27:03Z-
dc.date.available2009-08-06T09:27:03Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/26864-
dc.description.abstractRamsey-Boiteux prices and monopoly prices are frequently regarded as being similar. This might suggest that, in particular in network in- dustries with large …xed costs, sometimes monopoly pricing is close to the Ramsey-Boiteux second best and welfare superior to imperfectly regulated prices. This paper tries to specify what is meant by being similar, and it analyzes the welfare implications that can be drawn from comparing both sets of prices. Interdependence of demand and the impact of competition are discussed. We reinforce the view that monopoly prices are usually not similar, and even if they are, this implies no positive welfare judgments on monopoly pricing.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research on Collective Goods |cBonnen
dc.relation.ispartofseries|aPreprints of the Max Planck Institute for Research on Collective Goods |x2005,7en
dc.subject.jelL33en
dc.subject.jelL50en
dc.subject.jelL94en
dc.subject.ddc330en
dc.subject.keywordRamsey Pricingen
dc.subject.keywordRegulationen
dc.subject.keywordAccess Pricingen
dc.subject.keywordTerminationen
dc.subject.stwRamsey-Preisen
dc.subject.stwMonopolen
dc.subject.stwNetzzugangen
dc.subject.stwTheorieen
dc.titleMonopoly prices versus Ramsey-Boiteux prices: are they similar, and: does it matter?-
dc.typeWorking Paperen
dc.identifier.ppn485071991en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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