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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| Main Authors: | , |
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| Formato: | Recurso Electrónico livro electrónico |
| Idioma: | inglês |
| Publicado em: |
Ann Arbor :
University of Michigan Press,
[2008]
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| Colecção: | Book collections on Project MUSE.
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| Assuntos: | |
| Acesso em linha: | Full text available: |
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Sumário:
- "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.