| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| On Regulation and Competition: Pros and Cons of a Diversified Monopolist | |
| Carlo Scarpa; Giacomo Calzolari | |
| 发表日期 | 2009 |
| 出处 | Economy and Society |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We study the regulation of a firm which supplies a regulated service while also operating in a competitive, unregulated sector. If the firm conducts its activities in the two markets jointly, it enjoys economies of scope whose size is the firm's private information, unknown either to the regulator or to the rival firms. We characterize the unregulated market outcome (with price and quantity competition) and optimal regulation that involves an informational externality to the competitors. Although joint conduct of the activities generates scope economies, it also entails private information, so that regulation is less efficient and the unregulated market too may be adversely affected. Nevertheless, we show that allowing the firm to integrate productions is (socially) desirable, unless joint production is characterized by dis-economies of scope |
| 特色分类 | L51,L43,L52 |
| 关键词 | Regulation,Competition,Asymmetric Information,Conglomerate Firms,Multiutility,Scope Economies,Informational Externality |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/on-regulation-and-competition-pros-and-cons-of-a-diversified-monopolist/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117732 |
| 推荐引用方式 GB/T 7714 | Carlo Scarpa,Giacomo Calzolari. On Regulation and Competition: Pros and Cons of a Diversified Monopolist. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2009-055.pdf（517KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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