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Paperback The Regulation of Monopoly Book

ISBN: 0521368626

ISBN13: 9780521368629

The Regulation of Monopoly

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Format: Paperback

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Book Overview

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...

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