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In defense of monopoly : how market power fosters creative production / Richard B. McKenzie and Dwight R. Lee
| データ種別 | 電子ブック |
|---|---|
| 出版者 | Ann Arbor : University of Michigan Press |
| 出版年 | [2008] |
| 本文言語 | 英語 |
| 大きさ | 1 online resource (xxi, 297 pages) : illustrations |
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| 資料種別 | 機械可読データファイル |
|---|---|
| 内容注記 | "The wretched spirit of monopoly" Deadweight-loss monopoly Monopoly as a coordination problem Welfare-enhancing monopolies Locked-in consumers Monopoly prices and the client and bonding effects The monopsony problem The NCAA: a case study of the misuse of the monopsony and monopoly models Monopoly as entrepreneurship Property and monopoly Summing up |
| 一般注記 | In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs Open Access Includes bibliographical references (pages 273-288) and index digitized 2010 HathiTrust Digital Library Description based on print version record Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010 Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 |
| 著者標目 | *McKenzie, Richard B., Lee, Dwight R., |
| 件 名 | LCSH:Electronic books FREE:Economics FREE:political economy FREE:market monopoly FREE:public policy LCSH:Monopolies LCSH:Production (Economic theory) FREE:Monopolies BISACSH:Business & Economics / Economics / Theory FREE:Monopolies FREE:Production (Economic theory) RAM:Monopoles RAM:Production |
| 分 類 | DC22:338.8/2 |
| 書誌ID | ED00004331 |
| ISBN | 9780472126286 |