IDEAS home Printed from https://ideas.repec.org/a/oup/qjecon/v28y1914i3p381-416..html
   My bibliography  Save this article

The Trust Problem

Author

Listed:
  • E. Dana Durand

Abstract

I. Introductory. Definitions of trust, pool, industrial combination, 382. — Theory that elimination of unfair competition and special privileges would rob combinations of monopoly power, 383. — Difficulty of proof or disproof from experience, 385. — Power of pools to advance prices, 389. — Trust prices, 390. — Oil, sugar, tobacco and steel trusts, 391. — Unfair competitive methods and special privileges not sufficient explanation of monopoly power, 393. — The power of combinations as such to maintain monopoly prices, 395. — Theoretical reasoning on the probable influence of combination and the impossibility of competition, 396. — Consequent necessity of regulation or prohibition, 400. II. Possibility of preventing combination, 402. — Success of certain Federal cases against combinations, 402. — Deterrent effect of more severe penalties, 404. — Reasons for failure of certain trust dissolutions to restore competition, 405. — Possibility of destroying and preventing formal trusts and pools, 408. — Weakness of informal understandings, 410.

Suggested Citation

  • E. Dana Durand, 1914. "The Trust Problem," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 28(3), pages 381-416.
    • Handle: RePEc:oup:qjecon:v:28:y:1914:i:3:p:381-416.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1884981
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:qjecon:v:28:y:1914:i:3:p:381-416.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/qje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.