In Defense of Monopoly: How Market Power Fosters Creative Production 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 Authors Richard B. McKenzie, Dwight R. Lee
Format eBook
LanguageEnglish
Published University of Michigan Press 2019
Subjects
BUSINESS & ECONOMICS
Economics
Theory
Online AccessGet full text

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