its market; insurgent groups, producing paste of cocaine and being a local monopsony in the coca-leaf market; and cocaine …

We analyze monopoly power in a market for a complementary fossil resource like oil in a two country/two period model …

A new theory of capitalism is suggested. Its key moments and general logic are presented. This theory is based on the …

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 …

A new theory of capitalism is suggested. Its key moments and general logic are presented. This theory is based on the …

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 … pain of losing the auction to a competitor. With minimal government intervention, the “invisible hand” of economic theory …