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Author | : United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power |
Publisher | : |
Total Pages | : 840 |
Release | : 1949 |
Genre | : Trusts, Industrial |
ISBN | : |
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Author | : Richard B. McKenzie |
Publisher | : University of Michigan Press |
Total Pages | : 629 |
Release | : 2019-02-28 |
Genre | : Business & Economics |
ISBN | : 0472126288 |
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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 | : United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power |
Publisher | : |
Total Pages | : 1244 |
Release | : 1950 |
Genre | : Antitrust law |
ISBN | : |
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Author | : United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power |
Publisher | : |
Total Pages | : 280 |
Release | : 1951 |
Genre | : Antitrust law |
ISBN | : |
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Committee Serial No. 1. Focuses on legislation on antitrust law statute of limitations and U.S. recovery of damages in antitrust suits; Considers legislation to revise price discrimination good faith defense provisions. Focuses on distribution costs and nature of good faith price competition; Considers legislation to exempt baseball and other sports from antitrust law provisions.
Author | : United States. Congress. House. Committee on the Judiciary |
Publisher | : |
Total Pages | : 1574 |
Release | : 1951 |
Genre | : Trusts, Industrial |
ISBN | : |
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Author | : United States. Congress. House. Committee on the Judiciary. Subcommittee No. 5 |
Publisher | : |
Total Pages | : 848 |
Release | : 1949 |
Genre | : Antitrust law |
ISBN | : |
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Author | : United States. Congress. House. Committee on the Judiciary. Subcommittee on Monopoly Power |
Publisher | : |
Total Pages | : 12 |
Release | : 1951 |
Genre | : Trusts, Industrial |
ISBN | : |
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Author | : Manuela Mosca |
Publisher | : Edward Elgar Publishing |
Total Pages | : 256 |
Release | : 2018-07-27 |
Genre | : Business & Economics |
ISBN | : 1781003718 |
Download Monopoly Power and Competition Book in PDF, ePub and Kindle
The innovative contributions of the Italian Marginalists - Pareto, Pantaleoni, De Viti de Marco and Barone, to economic theory have previously been overlooked. This is the first book to deal with the history of the theory of market power and of its relation with competition, focusing on the distinct intellectual tradition that is Italian Marginalist economic thought. Monopoly Power and Competition is a vital resource for historians of economic thought, as it explores a relatively untouched area of microeconomics that sheds light on the theories surrounding monopoly power and barriers to entry.
Author | : United States. Congress. House. Committee on the Judiciary |
Publisher | : |
Total Pages | : 1946 |
Release | : 1949 |
Genre | : |
ISBN | : |
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Author | : United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power |
Publisher | : |
Total Pages | : 1028 |
Release | : 1949 |
Genre | : Antitrust law |
ISBN | : |
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Committee Serial No. 14. Reviews effectiveness of antitrust laws, and suggested revisions to the laws from representatives of educational institutions, business and government; pt. 2A-B, Reviews economic concentration and monopolistic practices relation to procurement practices, small businesses, patent right restrictions, Federal transportation rate-making regulations, and special antitrust exemptions. Includes summary and digest of testimony for parts 2-A and 2-B (p. 1-160); pt.4A, Includes digest of testimony (p. 1-65); pt.5, Considers legislation to make fines for certain antitrust violations triple the amount of damages; pt.6A, Reviews newsprint shortages and industry economic concentration. Focuses on Canadian and Newfoundland newsprint export and production practices' impact on domestic industry. Includes digest of testimony (p. 1-85).