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Exploitation in neoclassical general equilibrium

By David de Meza

Abstract

Amongst other results, it is shown that in exploiting its ability to drive down the price of its intensive factor a constant returns monopoly operating in a two-sector economy may produce more than would a competitive industry

Topics: HB Economic Theory
Publisher: Elsevier
Year: 1979
DOI identifier: 10.1016/0165-1765(79)90100-9
OAI identifier: oai:eprints.lse.ac.uk:35446
Provided by: LSE Research Online
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