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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Bibliographic Details
Main Author: McKenzie, Richard B. (auth)
Other Authors: Lee, Dwight R. (auth)
Format: Electronic Book Chapter
Language:English
Published: University of Michigan Press 2008
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Online Access:OAPEN Library: download the publication
OAPEN Library: description of the publication
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