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- W2045761504 abstract "Abstract We investigate optimal quality provision, where quality is determined by congestion. Duopolists make congestion-reducing investments and then compete in prices. We find that an unregulated market leads to insufficient investment, and that price cap below the equilibrium price eliminates this inefficiency." @default.
- W2045761504 created "2016-06-24" @default.
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- W2045761504 date "2007-08-01" @default.
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- W2045761504 title "Congestion-reducing investments and economic welfare in a Hotelling model" @default.
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- W2045761504 doi "https://doi.org/10.1016/j.econlet.2006.12.024" @default.
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