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Econometrica, 1976
THE STABILITY PROPERTIES of a competitive economy are well known-at least under the artificial tatonnement assumption which avoids the problem of who changes prices. This note demonstrates that similar, if not stronger, properties carry over to a monopolistic economywhere price formation is completely explained by the independent optimizing behavior of
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THE STABILITY PROPERTIES of a competitive economy are well known-at least under the artificial tatonnement assumption which avoids the problem of who changes prices. This note demonstrates that similar, if not stronger, properties carry over to a monopolistic economywhere price formation is completely explained by the independent optimizing behavior of
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Monopoly and Anti‐Monopoly in China Today
The American Journal of Economics and Sociology, 2019AbstractFor three decades after liberation in 1949, the Chinese economy consisted almost entirely of state monopolies. Economic reforms, starting in 1979, sought to increase the efficiency of the economy by introducing competitive practices in many sectors of the economy. But the Chinese economy has been partially administered by the state for over two
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, 1996 This is the first chapter of a graduate text entitled Topics in Microeconomics. It covers the basics of monopoly theory. Most of the material is kept at an intermediate level to serve as a bridge between the intermediate level training and the graduate level focus of the book. However, some sections, identified with a *, are at an advanced level.
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Dynamic Natural Monopoly Regulation: Time Inconsistency, Moral Hazard, and Political Environments
Journal of Political Economy, 2018C. Lim, Ali Yurukoglu
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Contract designs for energy-saving product development in a monopoly
European Journal of Operational Research, 2016Wenhui Zhou, Weixiang Huang
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