Producer and Consumer Interests, the State‐Owned Pipeline, and Public Authority Pricing of Natural Gas*
作者:
A. L. HILLMAN,
期刊:
Economic Record
(WILEY Available online 1984)
卷期:
Volume 60,
issue 1
页码: 28-33
ISSN:0013-0249
年代: 1984
DOI:10.1111/j.1475-4932.1984.tb00835.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper considers producer and consumer interests when state ownership of a pipeline provides a public authority with monopoly and monopsony power. In contrast with the producer/consumer conflict in the regulatory setting where self‐interested authorities choose the price at which producers and consumers directly transact with one another, in the pipeline case producers and consumers have a commonality of interest which is sustained even if the authorities take the view that it is politically inexpedient to take advantage of monopoly power with respect to consumer
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