SUPPORTABLE COST FUNCTIONS FOR MULTIPRODUCT FIRM

被引:28
作者
SHARKEY, WW [1 ]
TELSER, LG [1 ]
机构
[1] UNIV CHICAGO HOSP & CLIN,CHICAGO,IL 60637
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.
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收藏
页码:23 / 37
页数:15
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