October 1, 1991

The Logic of Natural Monopoly Regulation

  • Richard Wagner

    Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics
  • Robert D. Tollison

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In this paper the authors seek only to explore some central features of the theory of natural monopoly and its regulation, leaving unexamined just how extensively the concept actually applies to the real world.

Find the artile at JSTOR.org.