Critical Loss Of Social Welfare Under Monopoly
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Cited by:
- Ismar Velic & Ljerka Cerovic & Dario Maradin, 2018. "Monopoly Exploitation and Rent-Seeking as an Inevitability of Capital Concentration," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 8(4), pages 552-564, April.
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More about this item
Keywords
market power; welfare loss; Harberger triangle; rent-seeking; Tullock hypothesis; deadweight loss;All these keywords.
JEL classification:
- D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
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