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Historie konceptu přirozeného monopolu
[History of natural monopoly concept]

Author

Listed:
  • Martin Hon

Abstract

The paper presents the evolution of the natural monopoly term in the economic literature. Using the citations of the authors the article shows various approaches to the natural monopoly concept from the very beginning till nowadays. The definition of natural monopoly has been changing over time and even today there is not the only one view used widespread.

Suggested Citation

  • Martin Hon, 2008. "Historie konceptu přirozeného monopolu [History of natural monopoly concept]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(6), pages 833-842.
    • Handle: RePEc:prg:jnlpol:v:2008:y:2008:i:6:id:666:p:833-842
    DOI: 10.18267/j.polek.666
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    References listed on IDEAS

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    1. John C. Panzar & Robert D. Willig, 1977. "Economies of Scale in Multi-Output Production," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(3), pages 481-493.
    2. DiLorenzo, Thomas J, 1996. "The Myth of Natural Monopoly," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 9(2), pages 43-58.
    3. Panzar, John C & Willig, Robert D, 1981. "Economies of Scope," American Economic Review, American Economic Association, vol. 71(2), pages 268-272, May.
    4. Baumol, William J, 1977. "On the Proper Cost Tests for Natural Monopoly in a Multiproduct Industry," American Economic Review, American Economic Association, vol. 67(5), pages 809-822, December.
    5. John C. Panzar & Robert D. Willig, 1977. "Free Entry and the Sustainability of Natural Monopoly," Bell Journal of Economics, The RAND Corporation, vol. 8(1), pages 1-22, Spring.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    political economy; natural monopoly; economic history; cost function subadditivity; contestable market; monopoly power; economies of scale;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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