Ludwig von Mises and Murray Rothbard tended to emphasize the same requirement for a monopoly price to emerge, as far as … regard to the question of the limits to monopoly pricing. The inelasticity of demand criterion of both authors left less room … for monopoly prices in their theoretical constructs of a hampered market economy than there really is. If one wants to …

This note compares monopoly equilibrium outcomes with those of duopoly when firms price their products with two … entry fee under certain market conditions. In turn, monopoly is likely to result in greater aggregate consumer surplus, net …

a major share in total revenue, monopoly regulation typically concentrates on the control of core-good prices (“core …

-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the seller can maintain his monopoly … power. We establish that the set of parameters supporting a monopoly outcome is larger when the seller offers different …