On Monopoly Welfare Losses
Abram Bergson
Abstract
Abram Bergson
Abstract
Studies welfare losses due to monopolistic pricing in the United States. Evaluation of calculations indicating that welfare losses from monopolistic pricing is inconsequential; Consumer's surplus analysis; Proposed method in deriving coefficient of net compensating variation. (Из Ebsco)
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Studies welfare losses due to monopolistic pricing in the United States. Evaluation of calculations indicating that welfare losses from monopolistic pricing is inconsequential; Consumer's surplus analysis; Proposed method in deriving coefficient of net compensating variation. (Из Ebsco)
Key concepts: Monopolistic competition, Economics, Monopoly, Welfare, Economic surplus, Microeconomics, Consumer welfare, Deadweight loss