Complementary Monopoly and Welfare Loss

Jolian McHardy

Working Papers from Universite de Nantes - Economie Internationale et de l'Entreprise

Abstract: This paper derives a general m-firm model of conplementary monopoly. A measure of deadweight welfare loss is then constructed under the simplifying assumptions of linear demand, constant long-run marginal costs, symmetry and constant proportions.

Keywords: SOCIAL WELFARE; MONOPOLIES (search for similar items in EconPapers)
JEL-codes: D60 L10 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fth:nantie:272

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