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 Authors:	McKenzie, Richard B. (Author), Lee, Dwight R. (Author)
Corporate Author:	JSTOR (Organization)
Format:	eBook
Language:	English
Published:	Ann Arbor : University of Michigan Press, [2008]
Subjects:	Monopolies. Production (Economic theory) Business & Economics / Economics / Theory. Monopoles. Production. Economics political economy market monopoly public policy Electronic books.
Online Access:	Connect to the full text of this electronic book