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Digitized by the Internet Archive in 2011 with Funding from Boston Library Consortium Iviember Libraries Working Paper Department of Economics Owner Consumers and Efficiency
| Content Provider | Semantic Scholar |
|---|---|
| Author | Farrell, Joseph |
| Copyright Year | 2011 |
| Abstract | Owner-Consumers and Efficiency Joseph Farrell GTE Laboratories If each household owns the same fraction of a firm as its share of consumption, shareholders unanimously want marginal-cost pricing. Otherwise, profits are overemphasised relative to consumer surplus. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://dspace.mit.edu/bitstream/handle/1721.1/64000/ownerconsumersef00farr.pdf?sequence=1 |
| Alternate Webpage(s) | http://dspace.mit.edu/bitstream/handle/1721.1/64000/ownerconsumersef00farr.pdf?sequence=1 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |