Contents: Introduction -- 1. The sources of monopoly power in the history of economic thought -- 2. The universal force of competition -- 3. Monopoly power -- 4. Monopoly power, competition and reality -- 5. The concept of the state and economic policy -- Conclusions -- References -- Index.

The paper deals with the notion of market power in the writings of two well-known Italian marginalists: Vilfredo Pareto (1848-1923), and Enrico Barone (1859-1924). It brings into focus the two economists' definition of the sources of market power, the kind of entry barriers the identified, and...

The paper looks into the notion of market power in the history of economic thought. It deals with the historical reconstruction of the definition of the sources of market power, and looks at the writings of some economists belonging to the Italian marginalist school (Antonio de Viti de Marco and...