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century. One of the main theoretical and applied debates which is still an issue today concerns natural monopolies. Railroads … provision of railroads and transportation.Walras's point of view was developed with twofold argument of theoretical and a moral … economy. The case made in favor of the State intervention on Railroads industry considers altruistic motivations of human …
Persistent link: https://www.econbiz.de/10013143612
The purpose of this article is to show that there is a gap in the literature on the sources of monopoly power. It looks … competition and monopoly before 1930s; 4. Italian marginalists used a kind of theory of strategic competition, which was an …
Persistent link: https://www.econbiz.de/10014206598
to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent …
Persistent link: https://www.econbiz.de/10011612861
"monopoly price-gap", with monopoly and monopsony prices as two features of the same phenomenon …
Persistent link: https://www.econbiz.de/10012956999
Ludwig von Mises and Murray Rothbard tended to emphasize the same requirement for a monopoly price to emerge, as far as … regard to the question of the limits to monopoly pricing. The inelasticity of demand criterion of both authors left less room … for monopoly prices in their theoretical constructs of a hampered market economy than there really is. If one wants to …
Persistent link: https://www.econbiz.de/10013018419
monopoly model. Yet, it is worth wondering why the most cited paper on this issue is nowadays Spengler (1950) which contains …
Persistent link: https://www.econbiz.de/10012801572
strike a deal, buyer and seller are protected by competition. Yet thereafter they find themselves in a bilateral monopoly …
Persistent link: https://www.econbiz.de/10012306406
A principal, who wants prices to be as lowas possible, contracts with agents who would like to charge the monopoly …
Persistent link: https://www.econbiz.de/10014118913
Persistent link: https://www.econbiz.de/10001669826
The adequate availability of infrastructure and its related services, is mandatory condition for further development of the country's competitive advantages, intensifying the productive specialization. Due to limited financial capacity, in the course of the last three decades, there have been an...
Persistent link: https://www.econbiz.de/10011817263