๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

THE WELFARE COST OF MONOPOLY: AN INTER-INDUSTRY ANALYSIS

โœ Scribed by JOHN J. SIEGFRIED; THOMAS K. TIEMANN


Book ID
115202086
Publisher
Oxford University Press
Year
1974
Tongue
English
Weight
698 KB
Volume
12
Category
Article
ISSN
0095-2583

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๐Ÿ“œ SIMILAR VOLUMES


The welfare costs of monopoly are larger
โœ Dwight R. Lee; Robert D. Tollison ๐Ÿ“‚ Article ๐Ÿ“… 2010 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 96 KB

We show that monopoly is the parent of monopsony when an industry employs specialized resources. This means that the welfare loss from monopoly and monopolization is larger than commonly portrayed.