Conventional deadweight loss measures of the social cost of monopoly ignore, among other things, the social cost of … method of measuring the social cost of monopoly. Using elements of general equilibrium theory, we propose a social cost … of our approach for antitrust law as well as how our methodology can be used in practice for allegations of monopoly …

An applied general equilibrium analysis of monopoly power is proposed as an alternative to the partial equilibrium … analyses of monopoly pricing current in antitrust economics. This analysis introduces a new notion of market equilibrium where … firms with monopoly power are cost-minimizing price-takers in competitive factor markets and make supracompetitive profits …

relative to A. Hence, absent strong antitrust or intellectual property protections, the A firm can leverage its monopoly into B … substitute for Netscape; in our model, this maximizes Microsoft's joint monopoly profits. Furthermore, Microsoft has no incentive … complementary products, which suggests that a monopoly internet service provider will offer net neutrality.There are other means for …

this points to online platforms facing sleepless nights since any online platform that tries the quiet life of monopoly …

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 …

Frank Knight’s theory of monopoly price has received relatively little attention in the literature on Risk, Uncertainty … and Profit. We argue that Knight accepted and refined the monopoly price theory of Carl Menger and his followers. Knight … highlights the difference between monopoly as an inevitable outcome of departures from perfect competition, and monopoly as a …

entry barriers of the search engine market. The Essay next discusses behavioral exploitation to maintain a monopoly. The …