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Competition And Almost Essential Facilities: Making The Right Policy Choices




There has been considerable interest in access rates in Australia since the development of National Competition Policy. This paper provides a framework for analysing the different situations in which access is an appropriate policy tool. It argues that access does not necessarily raise welfare so that its use should be tempered by a consideration of alternative methods of reform.
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  • Stephen P. King & Rodney Maddock, 1996. "Competition And Almost Essential Facilities: Making The Right Policy Choices," Economic Papers, The Economic Society of Australia, vol. 15(3), pages 28-37, September.
  • Handle: RePEc:bla:econpa:v:15:y:1996:i:3:p:28-37
    DOI: j.1759-3441.1996.tb00120.x

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    References listed on IDEAS

    1. Rubinstein, Ariel, 1982. "Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 50(1), pages 97-109, January.
    2. David Neumark & William Wascher, 2006. "Minimum Wages and Employment: A Review of Evidence from the New Minimum Wage Research," NBER Working Papers 12663, National Bureau of Economic Research, Inc.
    3. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    4. R. G. Lipsey & Kelvin Lancaster, 1956. "The General Theory of Second Best," Review of Economic Studies, Oxford University Press, vol. 24(1), pages 11-32.
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    Cited by:

    1. Rodney Maddock, 1999. "The Premature Burial of Telecommunications Reform: A Response to John Quiggin," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 6(1), pages 39-46.

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