Friday, June 11, 2021

How Tullock Dissipated the Whole Monopoly Model

How Tullock Dissipated the Whole Monopoly Model

Hak Choi

Chienkuo Technology University - Department of International Business; Chung-Hua Institution for Economic Research

Abstract

Tullock tried to inflate the damage caused by a monopolist by including its profit. This paper proves that his attempt was unsuccessful. Instead, Tullock had successfully dissipated the whole monopoly model. Congratulations!

https://lawprofessors.typepad.com/antitrustprof_blog/2021/06/how-tullock-dissipated-the-whole-monopoly-model.html

| Permalink

Comments

Post a comment