In Defense of Monopoly : How Market Power Fosters Creative Production /

In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maxim...

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Bibliografische gegevens
Hoofdauteurs: McKenzie, Richard B. (Auteur), Lee, Dwight R. (Auteur)
Formaat: Elektronisch E-boek
Taal:Engels
Gepubliceerd in: Ann Arbor : University of Michigan Press, [2008]
Reeks:Book collections on Project MUSE.
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Online toegang:Full text available:
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Inhoudsopgave:
  • "The wretched spirit of monopoly"
  • Deadweight-loss monopoly
  • Monopoly as a coordination problem
  • Welfare-enhancing monopolies
  • Locked-in consumers
  • Monopoly prices and the client and bonding effects
  • The monopsony problem
  • The NCAA: a case study of the misuse of the monopsony and monopoly models
  • Monopoly as entrepreneurship
  • Property and monopoly
  • Summing up.