Policies for Public Services under Competition

Dong-Joo Moon ()
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Dong-Joo Moon: Seoul National University

Chapter Chapter 12 in Congestion-Prone Services Under Quality Competition, 2011, pp 311-329 from Springer

Abstract: Abstract This chapter is concerned with economic analyses of a congestion-prone public service under competition, as a sequel to the previous chapter for a public service under no competition. The economic analyses of a public service under competition address public policies under decision-making environments that fundamentally differ from those for a public service under no competition. The former should account for the fact that government choices regarding the price and capacity of a public service influence demands for competing public and private services and, therefore, the resource allocation of entire markets. Further, it should reflect the reality that most public services face competition from other public and/or private services that have prices and capacities that cannot be controlled by the government.

Keywords: Public Service; Price Rule; Private Service; Indirect Utility Function; Utility Maximization Problem (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-642-20189-9_12

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DOI: 10.1007/978-3-642-20189-9_12

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