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Diseño de tarifas en empresas reguladas: una nueva axiomatización del sistema de Aumann-Shapley


  • José Alcalde

    (Departamento de Fonaments de l’Anàlisi Econòmia. Universidad de Alicante, España.)


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.

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  • José Alcalde, 1996. "Diseño de tarifas en empresas reguladas: una nueva axiomatización del sistema de Aumann-Shapley," Economía Mexicana NUEVA ÉPOCA, , vol. 0(1), pages 77-95, January-J.
  • Handle: RePEc:emc:ecomex:v:5:y:1996:i:1:p:77-95

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    References listed on IDEAS

    1. Lawrence H. Summers, 1991. "Panel discussion: price stability ; How should long-term monetary policy be determined?," Proceedings, Federal Reserve Bank of Cleveland, pages 625-631.
    2. William Poole, 1969. "Optimal choice of monetary policy instruments in a simple stochastic macro model," Special Studies Papers 2, Board of Governors of the Federal Reserve System (U.S.).
    3. Bertola, Giuseppe & Caballero, Ricardo J, 1992. "Target Zones and Realignments," American Economic Review, American Economic Association, vol. 82(3), pages 520-536, June.
    4. Ben Bernanke & Frederic Mishkin, 1992. "Central Bank Behavior and the Strategy of Monetary Policy: Observations from Six Industrialized Countries," NBER Chapters,in: NBER Macroeconomics Annual 1992, Volume 7, pages 183-238 National Bureau of Economic Research, Inc.
    5. William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, Oxford University Press, vol. 84(2), pages 197-216.
    6. Michele Lloyd, 1992. "The New Zealand approach to central bank autonomy," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 55, Septemebe.
    7. Summers, Lawrence, 1991. "How Should Long-Term Monetary Policy Be Determined? Panel Discussion," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(3), pages 625-631, August.
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