LEADER 05177nam 2200601 a 450 001 9910970281403321 005 20251116181933.0 010 $a1-62417-529-5 035 $a(CKB)2550000001043664 035 $a(EBL)3021753 035 $a(SSID)ssj0000875535 035 $a(PQKBManifestationID)12390477 035 $a(PQKBTitleCode)TC0000875535 035 $a(PQKBWorkID)10890016 035 $a(PQKB)10907136 035 $a(MiAaPQ)EBC3021753 035 $a(Au-PeEL)EBL3021753 035 $a(CaPaEBR)ebr10683494 035 $a(OCoLC)836868933 035 $a(BIP)34198243 035 $a(EXLCZ)992550000001043664 100 $a20110317d2011 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aMonopolies $etheory, effectiveness and regulation /$fRobert W. Karlsen and Michael A. Pettyfer, editors 205 $a1st ed. 210 $aHauppauge, N.Y. $cNova Science Publishers$dc2011 215 $a1 online resource (151 p.) 225 1 $aBusiness issues, competition and entrepreneurship 225 1 $aEconomic issues, problems and perspectives 300 $aDescription based upon print version of record. 311 08$a1-61324-354-5 320 $aIncludes bibliographical references and index. 327 $aIntro -- MONOPOLIES THEORY, EFFECTIVENESS AND REGULATION -- MONOPOLIES THEORY, EFFECTIVENESS AND REGULATION -- CONTENTS -- PREFACE -- BETWEEN NATURAL MONOPOLY AND THIRD PARTY ACCESS - SWEDISH DISTRICT HEATING MARKET IN TRANSITION -- ABSTRACT -- INTRODUCTION -- PURPOSE -- MATERIAL AND METHOD -- OUTLINE OF THE CHAPTER -- THEORETICAL FRAMEWORK: LARGE TECHNICAL SYSTEMS AND SPLINTERING URBANISM -- LARGE TECHNICAL SYSTEMS (LTS) -- SPLINTERING URBANISM -- Segmentation -- Institutional Ways to Unbundled Infrastructure -- DISTRICT HEATING - THE SWEDISH WAY -- EMERGING ISSUES -- DEREGULATION AND MARKET TRANSFORMATION -- DEREGULATION RESULTED IN RISING PRICES -- NEWS REPORTS ON DISTRICT HEATING -- Stockholm -- Karlstad -- Uppsala -- THIRD PARTY ACCESS -- CONCLUSION -- ACKNOWLEDGMENTS -- REFERENCES -- THE CAUSES OF MARKET POWER: A MARKET PROCESS PERSPECTIVE -- ABSTRACT -- INTRODUCTION -- MARKET POWER: THE MAINSTREAM PERSPECTIVE -- Assumptions of the Model of Perfect Competition -- Loss in Static Efficiency -- Loss in Productive Efficiency -- Loss in Dynamic Efficiency -- CRITICISM TO THE MAINSTREAM CONCEPT OF MARKET POWER -- Theoretical Impossibility of the Existence of a Horizontal Demand Curve -- Undesirability of the Model of Perfect Competition -- Summary -- MARKET POWER ACCORDING TO THE AUSTRIAN SCHOOL OF ECONOMICS -- The Market as Understood by the Austrian School of Economics -- Market Power in the Market Process -- The Definition of Monopoly -- The Sources of Profit -- The Valuation of Unique Resources -- The Entrepreneurial Process, Market Power and the Attainment of the Unique Resource -- Market Power in the Hampered Market -- Summary -- CONCLUSION -- REFERENCES -- A THEORETICAL MODEL OF COLLUSION AND REGULATION IN AN ELECTRICITY SPOT MARKET -- ABSTRACT -- 1. INTRODUCTION -- 2. THE ORGANIZATION OF THE ELECTRIC POWER AND RELATED LITERATURE. 327 $a3. THE MODEL OF ELECTRICITY GENERATION -- 4. THE MODEL WITH COLLUSION -- CONCLUSION -- REFERENCES -- ON OPTIMAL EQUILIBRIUM STATES OF AN ECONOMY UNDER PRESENCE OF MONOPOLIES -- ABSTRACT -- INTRODUCTION -- STOCHASTIC DESCRIPTION OF AN ECONOMY -- AN ECONOMY WITH MONOPOLIES -- SELECTING OPTIMAL EQUILIBRIUM STATE OF THE ECONOMY -- AN ECONOMY UNDER INVESTMENT AND NON-INSATIABLE CONSUMERS -- CONCLUSION -- REFERENCES -- VERTICAL COLLABORATION NETWORK: STABILITY AND EFFICIENCY -- Abstract -- 1.Introduction -- 2.Model -- 2.1.CollaborationNetworks -- 2.2.GameStructure -- 2.3.Stability -- 2.4.Efficiency -- 2.5.DynamicAnalysis -- 3.Results -- 3.1.StaticModel:StabilityandEfficiency -- 3.2.DynamicModel -- 4.Conclusion -- Acknowledgments -- A.Appendix -- A.1.ProofforStabilityofNetwork(a)(theNetworkwithTWOSymmetricMaximalDominantGroupswithMaximumValueSynergy) -- A.2.ProofoftheOptimalNetworkinRegardtoIndustrialProfit -- References -- INDEX. 330 $aMonopolies or market power are usually considered to be an economic threat to markets and consumers. This book examines the theory, effectiveness and regulation of monopolies across the globe. The authors present topical research on monopolies, including the natural monopoly and third party access of the Swedish district heating market; the causes of market power; and, collusion and regulation in an electricity spot market and a study of the stability and efficiency of vertical collaboration networks from a microeconomic viewpoint. 410 0$aBusiness issues, competition and entrepreneurship series. 410 0$aEconomic issues, problems and perspectives series. 606 $aMonopolies 615 0$aMonopolies. 676 $a338.8/2 701 $aKarlsen$b Robert W$01869163 701 $aPettyfer$b Michael A$01869164 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910970281403321 996 $aMonopolies$94477365 997 $aUNINA