SUPPORTABLE COST FUNCTIONS FOR MULTIPRODUCT FIRM

被引：26

作者：

SHARKEY, WW ^{[1
]}

TELSER, LG ^{[1
]}

机构：

[1] UNIV CHICAGO HOSP & CLIN,CHICAGO,IL 60637

来源：

JOURNAL OF ECONOMIC THEORY | 1978年 / 18卷 / 01期

关键词：

D O I：

10.1016/0022-0531(78)90040-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A subadditive cost function is one in which a single firm can produce at lower cost than two or more firms and is taken to be a definition of natural monopoly. A supportable cost function is one in which prices exist which cover total costs and make entry unattractive to any rival firm. This paper studies the necessary and sufficient conditions for a natural monopoly to have a supportable cost function. © 1978.

引用

页码：23 / 37

页数：15

共 9 条

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[2] CHARNES A, 1970, CAHIERS CTR ETUDES R, V12, P7
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[4] SOME PROPERTIES OF CONCAVE FUNCTIONS
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[J]. JOURNAL OF ECONOMIC THEORY, 1969, 1 (03) : 291 - 314
[5] FREE ENTRY AND SUSTAINABILITY OF NATURAL MONOPOLY
PANZAR, JC
WILLIG, RD
[J]. BELL JOURNAL OF ECONOMICS, 1977, 8 (01): : 1 - 22
[6] SUB-ADDITIVE FUNCTIONS
ROSENBAUM, RA
[J]. DUKE MATHEMATICAL JOURNAL, 1950, 17 (03) : 227 - 247
[7] EFFICIENT PRODUCTION WHEN DEMAND IS UNCERTAIN
SHARKEY, WW
[J]. JOURNAL OF PUBLIC ECONOMICS, 1977, 8 (03) : 369 - 384
[8] SHARKEY WW, UNPUBLISHED
[9] TELSER LG, 1978, EC THEORY CORE, pCH4

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