Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Monday, June 16, 2008

The Social Costs of Monopoly: A Survey and an Evaluation

Posted by D. Daniel Sokol

Erdal Gumus, Eskisehir Osmangazi University - Department of Public Finance, addresses The Social Costs of Monopoly: A Survey and an Evaluation in a new working paper.

ABSTRACT:  Existence of monopoly and its costs to societies have been intensely studied. However, there has been no clear view obtained yet. Studies of rent-seeking 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.

http://lawprofessors.typepad.com/antitrustprof_blog/2008/06/the-social-cost.html

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