by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it …

crowds out local variety. Under local monopoly, local buyer surplus co-moves with external buyer surplus. Under local free … surplus is better provided by local monopoly. …

distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power … market entries to discipline the behavior of powerful incumbents on monopoly or dominance markets. Recently, contestability …

. Under monopoly this tax unambiguously exceeds the marginal damage. Furthermore, the analysis provides a further reason why …

that the monopoly platform does not introduce distortions over and above those arising from the market power of the …

than the monopoly allocation, and is, in some cases, efficient. …

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share … presence of human buyers constrains the pricing behavior of a monopolist. -- tax incidence ; monopoly ; Bertrand competition …

We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find … consumers, independent of whether buyers are automated or human players. In monopoly markets, a monopolist bears a large share … presence of human buyers constrains the pricing behavior of a monopolist. -- Tax incidence ; monopoly ; Bertrand competition …