Complementary Monopoly and Welfare Loss.

This paper derives a general m-firm model of conplementary monopoly. A measure of deadweight welfare loss is then constructed under the simplifying assumptions of linear demand, constant long-run marginal costs, symmetry and constant proportions.

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Year of publication:	2000
Authors:	McHardy, J.P.
Institutions:	Centre d'Études sur l'Économie Internationale et Europeenne (C3E), Faculté des Sciences Économiques et de Gestion
Subject:	SOCIAL WELFARE \| MONOPOLIES

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Series:	Universite de Nantes - Economie Internationale et de l'Entreprise.
Type of publication:	Book / Working Paper
Notes:	19 pages
Classification:	D60 - Welfare Economics. General ; L10 - Market Structure, Firm Strategy, and Market Performance. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005671486