Salvadori, Neri; Signorino, Rodolfo - Volkswirtschaftliche Fakultät, … - 2012
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 …