Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26864
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dc.contributor.authorHöffler, Felixen_US
dc.date.accessioned2005-05-02en_US
dc.date.accessioned2009-08-06T09:27:03Z-
dc.date.available2009-08-06T09:27:03Z-
dc.date.issued2004en_US
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_US
dc.language.isoengen_US
dc.publisher|aMax Planck Inst. for Research on Collective Goods|cBonnen_US
dc.relation.ispartofseries|aPreprints of the Max Planck Institute for Research on Collective Goods|x2005,7en_US
dc.subject.jelL33en_US
dc.subject.jelL50en_US
dc.subject.jelL94en_US
dc.subject.ddc330en_US
dc.subject.keywordRamsey Pricingen_US
dc.subject.keywordRegulationen_US
dc.subject.keywordAccess Pricingen_US
dc.subject.keywordTerminationen_US
dc.subject.stwRamsey-Preisen_US
dc.subject.stwMonopolen_US
dc.subject.stwNetzzugangen_US
dc.subject.stwTheorieen_US
dc.titleMonopoly prices versus Ramsey-Boiteux prices: are they similar, and: does it matter?en_US
dc.type|aWorking Paperen_US
dc.identifier.ppn485071991en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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