In Defense of Monopoly : How Market Power Fosters Creative Production
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 maxim...
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Format: | eBook |
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University of Michigan Press
2008
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Online Access: | Get fulltext |