Cost functions, subaddivity and natural monopoly: review, extension and application to Australian telecommunications

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Cost functions, subaddivity and natural monopoly: review, extension and application to Australian telecommunications

This study applies a test for subadditivity (natural monopoly) to Australian telecommunications industry data for the period 1954 to 1990. If an industry exhibits subadditive cost, a monopoly can provide total industry output at a lower cost than multiple firms. The test for subadditivity is depende...

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Bibliographic Details
Main Author:	Coble-Neal, Grant
Format:	Thesis
Language:	English
Published:	Curtin University 2005
Subjects:	McFadden cost function Australian telecommunications subaddivity testing
Online Access:	http://hdl.handle.net/20.500.11937/2121

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