The Social Costs of Monopoly: A Survey And An Evaluation

Erdal Gümüş

MPRA Paper from University Library of Munich, Germany

Abstract: Existence of monopoly and its costs to societies have been intensely studied. However, there has been no clear view obtained yet. Studies of rentseeking approach of the public choice school even make the issue more interesting. This paper surveys from traditional Harberger’s triangle approach of social costs of monopoly to the most recent studies and drive some conclusions from it.

Keywords: Social costs of monopoly; Harberger’s triangle; Rent-seeking theory (search for similar items in EconPapers)
JEL-codes: D4 D42 D72 D73 I38 (search for similar items in EconPapers)
Date: 2006
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Published in Akdeniz İ.İ.B.F. Dergisi 13.7(2007): pp. 149-164

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:42107

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