136 research outputs found

    La "mentalità industriale" di Angelo Marescotti

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    Il lavoro illustra il pensiero dell’economista romagnolo Angelo Marescotti (1815-1892) relativo al processo di sviluppo delle industrie italiane e propone una rilettura delle tesi di Marescotti sull’innovazione e sul processo concorrenziale. Dall’analisi dei suoi testi emerge la proposta di una strategia di industrializzazione basata esclusivamente sui meccanismi di mercato che rappresentava una posizione minoritaria nel panorama delle teorie economiche nell’Italia della seconda metà dell’Ottocento

    Conclusions

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    Market power for Maffeo Pantaleoni

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    Introduction

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    EnThe purpose of this article is to show that there is a gap in the literature on the sources of monopoly power. It looks at the literature on the history of different topics (Industrial Organization, Models of profit maximization in non-competitive markets, Antitrust, Competition) to find out which kind of limitation to entry economists before Bain took into account, the role they attributed to the number of firms present in the market, and their ideas on potential competition. It finds that there are good reasons to investigate the sources of market power in the Italian marginalist thought. The paper demonstrate that: 1. new filiations of ideas can be traced; 2. entry is not considered before 1950s only in analytical models, while in non formalized theory there is a lot on this notion; 3. economists were perfectly aware of the situation between perfect competition and monopoly before 1930s; 4. Italian marginalists used a kind of theory of strategic competition, which was an adaptation of the classical theory of competition; 5. competition policies were requested in 19th century not only in the U.S

    Introduction

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