Will an industry with no antitrust policy converge to monopoly, competition, or somewhere in between? We analyze this …. We find that perfect competition and monopoly are always steady states of this model, and that there may be other steady …

for commercial plastics. Commentators have suggested that the incumbents may have preserved the monopoly outcome by gaming … post-remedy years. Such inelastic demand is inconsistent with monopoly, suggesting the remedy may have been effective …

Since bank deposits and currency are substitutes and banks have monopoly power, higher nominal interest rates lead to …

known. Using the example of Pennsylvania's state liquor retailing monopoly, we use information on store location choices … configuration. An alternative to a state monopoly would be the common practice of regulated private entry. While such regimes can …

Previous work has claimed that monopoly power facilitates the provision of credit, since monopolists are better able to … creditworthiness, monopoly power may reduce credit provision because hold up problems ex post will deter borrowers from investing in … establishing creditworthiness. Empirically, we examine the relationship between monopoly power and credit provision, using data on …