Labini, Paolo Sylos - In: Rivista Internazionale di Scienze Sociali 123 (2013) 3-4, pp. 387-404
Sylos Labini’s essay is devoted to the analysis of price determination under condition of monopoly and monopsony. The … problem of price indeterminacy in case of bilateral monopoly (associated with monopsony) is thoroughly discussed in relation … ‘contracting parties’ ignorance of each other’s price elasticities. In the last two sections of the paper, the A. make use of his …