In Defense of Monopoly
Richard B. McKenzie, Dwight R. Lee
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0 Pages
English
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"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 maxi... (see more details)
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