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  • 1
    UID:
    almahu_9949419253502882
    Format: 1 online resource (xxi, 297 pages) : , illustrations
    ISBN: 0-472-12628-8 , 0-472-90114-1
    Content: 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.
    Note: "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.
    Additional Edition: ISBN 0-472-11615-0
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    UID:
    gbv_1778753043
    Format: 1 Online-Ressource
    ISBN: 9780472901142
    Content: "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. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return."
    Note: English
    Language: English
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  • 3
    Online Resource
    Online Resource
    Ann Arbor :University of Michigan Press,
    UID:
    almafu_9959649143202883
    Format: 1 online resource (xxi, 297 pages) : , illustrations
    ISBN: 9780472116157 , 0472116150 , 9780472901142 , 0472901141
    Content: 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.
    Note: "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.
    Language: English
    Keywords: Electronic books. ; Electronic books.
    URL: OAPEN
    URL: Image  (Thumbnail cover image)
    Library Location Call Number Volume/Issue/Year Availability
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  • 4
    Online Resource
    Online Resource
    Ann Arbor :University of Michigan Press,
    UID:
    edoccha_9959649143202883
    Format: 1 online resource (xxi, 297 pages) : , illustrations
    ISBN: 9780472116157 , 0472116150 , 9780472901142 , 0472901141
    Content: 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.
    Note: "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.
    Language: English
    URL: OAPEN
    Library Location Call Number Volume/Issue/Year Availability
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  • 5
    Online Resource
    Online Resource
    Ann Arbor, Michigan : The University of Michigan Press | Berlin : Knowledge Unlatched
    UID:
    gbv_1663278989
    Format: 1 Online-Ressource (xxi, 297 Seiten)
    ISBN: 9780472901142
    Note: Includes bibliographical references and index
    Additional Edition: ISBN 9780472116157
    Additional Edition: Erscheint auch als Druck-Ausgabe McKenzie, Richard B., 1942 - In defense of monopoly Ann Arbor, Mich. : Univ. of Michigan Press, 2008 ISBN 0472116150
    Additional Edition: ISBN 9780472116157
    Language: English
    Subjects: Economics
    RVK:
    Keywords: Monopoltheorie ; Produktionstheorie
    URL: Volltext  (kostenfrei)
    Author information: McKenzie, Richard B. 1942-
    Library Location Call Number Volume/Issue/Year Availability
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  • 6
    Online Resource
    Online Resource
    Ann Arbor :University of Michigan Press,
    UID:
    edocfu_9959649143202883
    Format: 1 online resource (xxi, 297 pages) : , illustrations
    ISBN: 9780472116157 , 0472116150 , 9780472901142 , 0472901141
    Content: 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.
    Note: "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.
    Language: English
    URL: OAPEN
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 7
    Online Resource
    Online Resource
    Ann Arbor : University of Michigan Press
    UID:
    kobvindex_INTEBC6534011
    Format: 1 online resource (376 pages)
    ISBN: 9780472901142
    Additional Edition: Print version McKenzie, Richard B. In Defense of Monopoly Ann Arbor : University of Michigan Press,c2008 ISBN 9780472116157
    Language: English
    Keywords: Electronic books.
    URL: FULL  ((Currently Only Available on Campus))
    Library Location Call Number Volume/Issue/Year Availability
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  • 8
    Online Resource
    Online Resource
    Ann Arbor : University of Michigan Press
    UID:
    gbv_1686953798
    Format: 1 Online-Ressource (1 online resource)
    ISBN: 0472126288 , 0472901141 , 0472116150 , 9780472126286 , 9780472116157 , 9780472901142
    Content: 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
    Note: English
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 9
    Online Resource
    Online Resource
    University of Michigan Press
    UID:
    kobvindex_HPB1247554230
    Format: 1 online resource
    ISBN: 9780472116157 , 0472116150 , 9780472126286 , 0472126288 , 9780472901142 , 0472901141
    Content: 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.
    Language: English
    Keywords: Electronic books.
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 10
    UID:
    edoccha_9959024483102883
    Format: 1 online resource (xxi, 297 pages) : , illustrations
    ISBN: 0-472-12628-8 , 0-472-90114-1
    Content: 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.
    Note: "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.
    Additional Edition: ISBN 0-472-11615-0
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
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