Download or read book In Defense of Monopoly written by Richard B. McKenzie and published by University of Michigan Press. This book was released on 2019-02-28 with total page 629 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Innovation Agglomeration and Regional Competition written by Charlie Karlsson and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of globalization has triggered a fundamental rethinking about the role of regions in economic development policy. In this important new book, Karlsson, Johansson and Stough assemble a cast of leading international scholars to unravel the new role for regions and local economic development policy to harness the possibilities unleashed by the forces of globalization. This book contains important new insights and ideas that will be welcomed by both scholars and policymakers. David B. Audretsch, Indiana University, Bloomington, US and WHU, Germany This book provides a state-of-the-art overview of current research on regional competition and co-operation. Developing our current understanding of the new role of regions and their behaviour, this book addresses questions such as: How and why do regions compete? How does competition between border regions operate? Which regions are successful and which regions fail? What are the implications of regional competition in terms of resource allocation, the location of economic activities and the distribution of incomes? The book illuminates a number of critical theoretical end empirical issues relating to the competitive and cooperative nature of regions, as well as highlighting a number of new case studies from a variety of countries. The book will be a useful enhancement to undergraduate and post-graduate courses in economics, economic geography, regional science, regional planning, business administration, and international and industrial management. It will also be an invaluable guidance tool for researchers, consultants and policy makers in international organizations such as the EU, the World Bank and the OECD.

Download or read book Societal Value of Geologic Maps written by Geological Survey (U.S.) and published by . This book was released on 1993 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economic analysis by the US Geological Survey's National Geologic Mapping Program that describes (1) geologic maps and their use as a fundamental data base, (2) a rigorous benefit-cost model for valuing geologic map information, and (3) the economic issues associated with determining whether or not a geologic map is a public good.

Download or read book Study of Monopoly Power written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Study of Monopoly Power and published by . This book was released on 1949 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 14. Reviews effectiveness of antitrust laws, and suggested revisions to the laws from representatives of educational institutions, business and government; pt. 2A-B, Reviews economic concentration and monopolistic practices relation to procurement practices, small businesses, patent right restrictions, Federal transportation rate-making regulations, and special antitrust exemptions. Includes summary and digest of testimony for parts 2-A and 2-B (p. 1-160); pt.4A, Includes digest of testimony (p. 1-65); pt.5, Considers legislation to make fines for certain antitrust violations triple the amount of damages; pt.6A, Reviews newsprint shortages and industry economic concentration. Focuses on Canadian and Newfoundland newsprint export and production practices' impact on domestic industry. Includes digest of testimony (p. 1-85).

Download or read book Study of Monopoly Power written by United States. Congress. House. Committee on the Judiciary and published by . This book was released on 1949 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Study of Monopoly Power written by United States. Congress. House. Committee on the Judiciary. Subcommittee No. 5 and published by . This book was released on 1949 with total page 2466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Committee Serial No. 14

Download or read book Salt and the Colombian State written by Joshua M. Rosenthal and published by University of Pittsburgh Pre. This book was released on 2014-08-23 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: In republican Colombia, salt became an important source of revenue not just to individuals, but to the state, which levied taxes on it and in some cases controlled and profited from its production. The salt trade consistently accounted for roughly 10 percent of government income. In the town of La Salina de Chita, in Boyaca province, thermal springs offered vast amounts of salt, and its procurement and distribution was placed under the jurisdiction of the Ministry of Finance. Focusing his study on La Salina, Joshua M. Rosenthal presents a fascinating glimpse into the workings of the early Colombian state, its institutions, and their interactions with local citizens during this formative period. Although historians have cited the state's weakness and, in many cases, its absence in local affairs, Rosenthal counters these assumptions by documenting the primary role the state held in administering contracts, inspections, land rights, labor, and trade in La Salina, contending that this was not an isolated incident. He also uncovers the frequent interaction between the state and local residents, who used the state's liberal rhetoric to gain personal economic advantage. Seen through the lens of the administration of La Salina's saltworks, Rosenthal provides a firsthand account of the role of local institutions and fiscal management in the larger process of state building. His study offers new perspectives on the complex network of republican Colombia's political culture and its involvement in provincial life across the nation.

Download or read book The Myth of Monopoly written by Annette N. Brown and published by World Bank Publications. This book was released on 1994 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monopoly written by Rod Kennedy and published by Gibbs Smith. This book was released on 2004 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author chronicles the history of the world's most popular board game,racing the origins of each "property" within Atlantic City, New Jersey,hile recalling the evolution of the game. Original.

Download or read book The Regulation of Monopoly written by Roger Sherman and published by Cambridge University Press. This book was released on 1989-03-31 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition may not function well where technology calls for large and complex investments, as in the electrivity industry where public utilities often provide service. This book presents economic welfare foundations for the purpose of evaluating how well, from a social point of view, an enterprise performs when competition is unable to function. Problems with existing institutions are emphasized. Topics treated include welfare measures and their uses in peak-load pricing, second-best pricing, and income distribution. Professor Sherman covers public choice difficulties of government intervention, and describes problems with incentives in statutory monopolies and efforts to overcome them through the study of principal-agent relationships. Contestability and sustainable prices are also discussed, as well as effects of uncertainty and imperfect information.

Download or read book The End of a Natural Monopoly written by Daniel H. Cole and published by Routledge. This book was released on 2003-07-17 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.

Download or read book Monopoly in the Power Industry written by United States. Congress. Senate. Committee on the Judiciary and published by . This book was released on 1955 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monopoly Power and Competition written by Manuela Mosca and published by Edward Elgar Publishing. This book was released on 2018-07-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The innovative contributions of the Italian Marginalists - Pareto, Pantaleoni, De Viti de Marco and Barone, to economic theory have previously been overlooked. This is the first book to deal with the history of the theory of market power and of its relation with competition, focusing on the distinct intellectual tradition that is Italian Marginalist economic thought. Monopoly Power and Competition is a vital resource for historians of economic thought, as it explores a relatively untouched area of microeconomics that sheds light on the theories surrounding monopoly power and barriers to entry.

Download or read book Anti Monopoly Law and Practice in China written by H. Stephen Harris and published by Oxford University Press. This book was released on 2011-07-05 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: The China Anti-Monopoly Law (AML), which became effective August 1, 2008, is the first comprehensive competition law enacted by China. The AML prohibits a broad array of agreements between competitors and commercial counterparties, as well as competitive conduct by single firms that may harm the competitive process. In addition, it establishes a mandatory administrative review procedure for mergers and acquisitions between companies meeting certain sales thresholds, globally or in China. Beyond these fundamental provisions, the AML prohibits certain types of administrative abuses believed to be prevalent in China and establishes a complex set of administrative agencies with broad powers to enforce the law. Anti-Monopoly Law and Practice in China is the first comprehensive treatment of the AML and the practice of antitrust law under this new system. Each chapter on the substantive provisions of the law includes practical advice on approaches to meeting the challenge of complying with the law's requirements, including analysis of likely interpretations and applications of the AML based on precedents in related economic laws and actions by other administrative agencies. Where policy choices are uncertain, the text will explore probable developments in China based on comparable applications of competition laws in other jurisdictions.

Download or read book Regional Export Expansion written by United States. Congress. Senate. Committee on Small Business and published by . This book was released on 1967 with total page 1532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers prospects and problems for small businesses in long term export market for timber, fish and agricultural products from the Pacific Northwest. Hearing was held in Portland, Oreg., pt. 1; Hearing, held in Mobile, Ala., focuses on agricultural and industrial exporting activities in Alabama and Mississippi, pt. 2; Hearing, held in Milwaukee, Wis., focuses on role of small enterprises in Wisconsin exporting activities, pt. 3; Examines the potentials and problems of developing exports of small business and regional industries over the next decade. Hearings were held in Miami, Fla., pt. 4; Reviews U.S. international trade posture and balance of payments deficit, to identify means of expanding northeast regional exports and increase involvement of small business. Focuses on implementation of GATT Kennedy Round tariffs revisions, improvement of port and harbor facilities, increased loan authority for the Export-Import Bank, and overseas markets for U.S. goods. May 3 hearing was held in Newark, N.J.; and May 6 hearing was held in New York City, pt. 5; Continuation of hearings on the problems of expanding exports of small businesses and regional industries over a ten year period, pt. 6

Download or read book Annual Report of the Comptroller of the Currency to the Session of the Congress of the United States written by United States. Office of the Comptroller of the Currency and published by . This book was released on 1964 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Netherlands East Indies and British Malaya written by John A. Fowler and published by . This book was released on 1923 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: