An Estimation of the "welfare Losses" from Monopoly in the American Economy PDF Download

Author: David Roy Kamerschen
Publisher:
ISBN:
Category : Monopolies
Languages : en
Pages : 388

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Author: David R. Kamerschen
Publisher:
ISBN:
Category : Monopolies
Languages : en
Pages : 418

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Author: Abdul Munim Rasheed
Publisher:
ISBN:
Category : Monopolies
Languages : en
Pages :

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Author: Dean Amory Worcester
Publisher:
ISBN:
Category : Elasticity (Economics)
Languages : en
Pages : 48

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Author: Norman J. Ireland
Publisher:
ISBN:
Category : Monopolies
Languages : en
Pages : 18

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Author: Abraham David Hannath Kaplan
Publisher: Praeger
ISBN: 9780313223051
Category : Big business
Languages : en
Pages : 0

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Book Description
This study is concerned mainly with the nonregulated sector of big business represented by manufacturing, mining, construction, distribution, and business service firms. These corporate giants make up a segment of the American economy that must itself be competitive if the American system of private enterprise is to survive as a competitive system.

Author: National Bureau of Economic Research
Publisher: Princeton University Press
ISBN: 1400879760
Category : Political Science
Languages : en
Pages : 647

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Book Description
The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopoly, and Business Rights
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 836

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Author: Richard B. McKenzie
Publisher: University of Michigan Press
ISBN: 0472901141
Category : Business & Economics
Languages : en
Pages : 554

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Book Description
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 maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.

Author: HL Ahuja
Publisher: S. Chand Publishing
ISBN: 9352834739
Category :
Languages : en
Pages :

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Book Description
This book begins with an introduction to economics highlighting the economic problem of scarcity and choice. Further, it goes on and discusses the scope of economics as well as acquaints the students with the methodologies of economics. Basic microeconomic concepts such as demand, supply, competitive market equilibrium, elasticity and indifference curve analysis of demand have been explained in a simple and lucid manner. The book also dwells into theories of production, distribution, rent, interest and profits. It also discusses the market structures prevailing in the capitalist economy, namely, perfect competition and imperfect competition; thoroughly highlighting the sub categories of imperfect competition such as monopolistic competition, oligopoly and monopoly. Concepts of average revenue and marginal revenue have also been discussed in the book.