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  • 标题:Optimal access regulation with downstream competition
  • 本地全文:下载
  • 作者:Kao, Tina ; Menezes, Flavio ; Quiggin, John
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2012
  • 出版社:Journal of Agribusiness
  • 摘要:We analyse access price setting to a bottleneck facility where the fa- cility owner also competes in the deregulated downstream market. We consider a continuum of market structures from Cournot to Bertrand. These market structures are fully characterised by a single parame- ter representing the intensity of competition. We first show how the efficient component pricing rule (ECPR) should be modified as the downstream competitive intensity changes. We then analyse the opti- mal access price where a total-surplus-maximizing regulator trades off production efficiency and pro-competitive effects.
  • 关键词:access regulation;entry;regulatory commitment;effi- cient component pricing rule.
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