Sammanfattning
Network externalities and sunk costs can make a profit-maximising monopoly superior to competition even if a large number of firms can enter. Competition can outperform a public monopoly only if sunk costs become significantly lower. © 2005 Elsevier B.V. All rights reserved.
Originalspråk | Engelska |
---|---|
Sidor (från-till) | 197-203 |
Antal sidor | 7 |
Tidskrift | Economics Letters |
Volym | 91 |
Utgåva | 2 |
DOI | |
Status | Publicerad - maj 2006 |
MoE-publikationstyp | A1 Tidskriftsartikel-refererad |