Ownership Arrangements and Congestion-Prone Facilities.

The focus of the article is a comparison of the efficiency characteristics of two facility ownership arrangements private and common ownership. This article concerns a class of facilities or resources whose services to users decrease in value with an increase in the number of users. They will be cal...

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Bibliographic Details

Published in:	American Economic Review Vol. 71; no. 3; pp. 493 - 503
Main Author:	Mills, David E.
Format:	Article
Published:	American Economic Association Jun81
Subjects:	Congestion pricing Econometric models Business Real property Demand function Externalities Customer services Welfare economics
Online Access:	View this record in EBSCOhost