Economics at your fingertips  

Rent-Seeking Firms, Consumer Groups, and the Social Costs of Monopoly

Kyung Hwan Baik

Economic Inquiry, 1999, vol. 37, issue 3, 541-53

Abstract: Do consumers' consumer-surplus (CS)-defending activities increase the social costs of monopoly compared to when consumers are inactive? Given just one rent-seeking firm, consumers' CS-defending activities generally increase the social costs of monopoly, but given two or more rent-seeking firms, such activities generally reduce the social costs. Copyright 1999 by Oxford University Press.

Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (12) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Economic Inquiry is currently edited by Preston McAfee

More articles in Economic Inquiry from Western Economic Association International Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().

Page updated 2020-05-24
Handle: RePEc:oup:ecinqu:v:37:y:1999:i:3:p:541-53