Cost Pooling in Australian Grain Handling: A Common Property Analysis
扩展了公共财产分析框架，应用于澳大利亚谷物运输系统，发现保守决策规则下成本池化可能优化投资，而拉姆齐定价则可能因否决导致技术低效，强调产权改革对效率提升的必要性。
Abstract The common property analysis of Rausser, Zusman, and Foster is expanded and applied to Australian grain transportation systems. With a conservative decision rule, a statically inefficient cost pooling system may lead to optimal investment decisions as benefits become pooled. With Ramsey pricing in contrast, losers may veto many investment decisions, so that allocations become ‘equitable’ but technically inefficient. Efficiency gains from price policy reform may not be achieved unless accompanied by property right reallocation.