Title: The Policy Enlightenment of Basic Theories of Natural Monopoly to Our Country
Abstract: The reform on natural monopoly industry should be implemented under the guidence of both government and market, after gaining an overall understanding of the economic and technological features of natural monopoly.The basic theories of natural monopoly including Subadditivity Theory, Economics of Scope and Theory of Sustainability, etc, generalizes the technological features of natural monopoly such as network, economic sequence, enormous sunk cost and common service.And according to the se economic technological features of natural monopoly, the paper briefly introduces the reason of Government Regulation and analyzes the policy enlightenment which includes cautiously adopting the spliting reform, and defining the policies in monopoly legislation.
Publication Year: 2003
Publication Date: 2003-01-01
Language: en
Type: article
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