Monopoly deregulation in the presence of Tullock activities |
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| Authors: | Raul V. Fabella |
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| Affiliation: | 1. School of Economics, University of the Philippines, Diliman, 1101, Quezon City, Philippines
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| Abstract: | We give the condition for a welfare improving monopoly deregulation when the decision making process cannot be insulated from Tullock activities and players are risk neutral. The author is grateful to the Faculty Recruitment Program (FRP) of the Ford and Rockefeller Foundations for financial support. |
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