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 …

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 …

to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent …

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 …

monopoly model. Yet, it is worth wondering why the most cited paper on this issue is nowadays Spengler (1950) which contains …

strike a deal, buyer and seller are protected by competition. Yet thereafter they find themselves in a bilateral monopoly …

to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent …

A principal, who wants prices to be as lowas possible, contracts with agents who would like to charge the monopoly …