We analyze the incidence and welfare effects of unit sales tax increases in experimental monopoly and Bertrand markets … to consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a …

The paper analyzes Adam Smith’s views on monopoly focusing on Book IV and V of The Wealth of Nations and argues that … Smith has left his analysis of monopoly in an embryonic form while the majority of scholars have assessed it starting from … of the word ‘monopoly’ to refer to a heterogeneous collection of market outcomes, besides that of a single seller market …

Myanmar. The development of a new transit route through Myanmar, depriving Bangladesh of its former monopoly, has modified the …

tax it would pay for acquiring monopoly rights on a particular venture, posted publicly on a government-auction website … it right away. The advantage to the state and its citizens is that monopoly efficiency does not just serve the monopolist …