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On the theory of monopoly under demand uncertainty

✍ Scribed by Yasunori Ishii


Book ID
112507199
Publisher
Springer Vienna
Year
1979
Tongue
English
Weight
654 KB
Volume
39
Category
Article
ISSN
1617-7134

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Monopoly rent seeking under conditions o
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In recent years, economists have come to recognize that the competition to obtain monopoly rents, i.e., rent seeking, may consume resources whose value greatly exceeds that associated with traditionally measured deadweight welfare loss triangles (Toilison, 1982). Early articles by Tullock (1967), Kr