The Econometric SocietyEconometrica: Mar 1975, Volume 43, Issue 2
External Diseconomies in Consumption and Monopoly Pricing
https://doi.org/0012-9682(197503)43:2<223:EDICAM>2.0.CO;2-Q
p.
223-230
Israel Luski, Rafael Lusky
This paper deals with the relationship between the monopoly price and the socially optimal price in the presence of consumption diseconomies. The above relationship is derived from characteristics of the utility function.Log In To View Full Content