Industry Structure and Pricing

1. Front Matter

   Pages i-xi

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2. Introduction

   • Mark A. Jamison

   Pages 1-33

3. The New Rivalry in Infrastructure

   • Mark A. Jamison

   Pages 35-82

4. Tests for Natural Monopoly

   • Mark A. Jamison

   Pages 83-110

5. Theory and Application of Subsidy-Free Prices

   • Mark A. Jamison

   Pages 111-142

6. Sustainability of Firms and Prices

   • Mark A. Jamison

   Pages 143-161

7. Prices for Inputs Sold to Competitors

   • Mark A. Jamison

   Pages 163-188

8. Conclusion

   • Mark A. Jamison

   Pages 189-190

9. Back Matter

   Pages 191-207

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Industry Structure and Pricing: The New Rivalry in Infrastructure extends current economic models by incorporating effects of actual and potential rivalry in markets outside the markets of immediate interest. Focusing on the contestable model, the author shows how diverse patterns of actual and potential rivalry, called multilateral rivalry or MLR, affect the appropriateness of many regulatory policies. It is specifically shown that many conclusions of the contestability literature are overly generous to firms that might want to protect or extend their monopoly positions. While this book's refinement to existing economic theory gives strong results, it is still based on static production functions and demands - integrated to provide a dynamic view of multilateral rivalry.

• Monopol
• economic theory
• infrastructure
• pricing
• production
• rating
• stability
• sustainability

• Public Utility Research Center, University of Florida, Gainesville, USA

  Mark A. Jamison

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