The Baumol, Bailey, and Willig weak invisible-hand theorem implies that even a single firm with a natural monopoly may be forced by hit-and-run entry to price at the ... Logarithmic growth rates based on 1970-1979 data reported in the Bell System Statistical Manual. ... The solution to this problem requires the Bell System to charge the specialized common carriers or their customers Creamskimming 93.
Title | : | Breaking Up Bell |
Author | : | David Savage Evans, Robert Bornholz |
Publisher | : | New York : North-Holland - 1983 |
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