В статье проанализированы основные подходы к рассмотрению естественной монополии, выявлены факторы, обусловившие трансформацию взглядов исследователей на ее...

The authors, based on the complete survey of Russian airlines that was conducted in winter of 2006-2007, analyze essential entry-barriers in the industry, and econometrically estimate efficiency of methods for overcoming entry-barriers in the Russian PAI. They find that there are significant...

The paper presents the evolution of the natural monopoly term in the economic literature. Using the citations of the authors the article shows various approaches to the natural monopoly concept from the very beginning till nowadays. The definition of natural monopoly has been changing over time...

The French canal du Midi, built by Pierre-Paul Riquet in the 17th century was the greatest construction project of its time. It enjoyed a natural monopoly and was protected because the other transport competitors were not able to challenge it for many years. The vagaries of three centuries of...

This paper argues that the efficiency distribution of players in a game determines how aggressively these players interact.We formalize the idea of balance of power: players fight very inefficient players but play softly versus equally (or more) efficient players.This theory of conduct predicts...

This paper reports the results of a field survey covering all links in the channel of rice marketing from farmers to consumers in Laguna Province, Philippines. The survey revealed a highly competitive nature of rice marketing in this area where the countless number of middlemen compete in the...