文档介绍：外文文献原文
Title: when does Marginal cost pricing lead to Pareto Efficiency
MaterialSource:Springer-Verlag Author: Egbert Dierker
The basic difficulty in the course of this work has been that of finding out in which terms relevant criteria for the well-functioning of the marginal cost pricing rule are to be formulated. For that purpose, and to improve our intuition, we first study in detail particularly simple class of examples with the aid of the theory of public goods.
The starting point here is the wide-spread idea that decreasing cost phenomena can be associated with public goods. Although this idea is intuitively plausible, and although the theory of public goods has experienced a rapid development in the last decades, we have not found a formal analysis of decreasing cost phenomena using the theory of public goods in the literature. Therefore, we develop a model in which we transform increasing returns to scale technology involving two private goods, one input, which serves as num, and one output, into a convex technology involving two private goods and an additional public good. The public good represents ah investment in terms of fixed costs, higher fixed costs, a more productive machinery, leading to lower unit costs. The consumers have mon interest in the productivity of the machinery,since a reduction of unit costs is reflected by a reduction of prices , in other wor