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- Title
Diseño de tarifas en empresas reguladas: una nueva axiomatización del sistema de Aumann-Shapley.
- Abstract
This paper presents an analysis of tariffs for social monopolies. We show that the Aumann-Shapley mechanism is the unique satisfying a set of axioms yielding neutral tariffs. We obtain this mechanism by means of an additive extension of the marginal cost pricing rule. This way to derive our rule permits us to have new economic interpretations about what the Aumann-Shapley advice is and to connect it with the results by Ramsey and Boiteux.
- Subjects
TARIFF; ADMINISTERED prices; REGULATED industries; PRICE regulation; MONOPOLIES; MATHEMATICAL models of economics
- Publication
Economia Mexicana, 1996, Vol 5, Issue 1, p77
- ISSN
0185-0458
- Publication type
Article