Louis W. Menk Professor Emeritus
PhD: Stanford University, 1975
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John Panzar's research has focused on the theoretical and policy problems posed by multiproduct natural monopolies, with particular reference to network industries such as telecommunications, electric power, air transport and postal services. The primary policy issue in such industries is the trade-off between economies of scale and scope and the efficiencies promised by increased competition.
- KGH 3473