In Defense of Monopoly

In Defense of Monopoly
Author: Richard B. McKenzie
Publisher: University of Michigan Press
Total Pages: 554
Release: 2019-02-28
Genre: Business & Economics
ISBN: 0472901141

In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.

Regional Analysis

Regional Analysis
Author: Carol A. Smith
Publisher: Academic Press
Total Pages: 389
Release: 2014-05-10
Genre: Business & Economics
ISBN: 1483220257

Regional Analysis, Volume I: Economic Systems explores the interconnectedness of economic and social systems as they exist and develop in territorial-environmental systems. This volume concentrates on developing and refining models of trade and urban evolution, emphasizing evolutionary models and relationship between economic and political subsystems in the developmental process. Topics include the regional approach to economic systems; trade, markets, and urban centers in developing regions; spatio-economic organization in complex regional systems; and economic consequences of regional system organization. This publication is valuable to social and regional scientists, geographers, economists, social anthropologists, archeologists, sociologists, and political scientists interested in the implications of rural-urban relations and regional settlement patterns.

Compendium

Compendium
Author:
Publisher:
Total Pages: 172
Release: 1947
Genre: Local finance
ISBN:

Regional and Urban Economics Parts 1 & 2

Regional and Urban Economics Parts 1 & 2
Author: Richard J. Arnott
Publisher: Routledge
Total Pages: 577
Release: 2013-06-20
Genre: Business & Economics
ISBN: 1134352824

A collection of the first section of the "Fundamentals of Pure and Applied Economics" series, "Regional and Urban Economics: Parts One and Two" is an encyclopaedia containing eight titles: This volume highlights original contributions in regional and urban economics, concentrating mainly on urban economic theory. The contributions focus on the treatment of space in economic theory. Drawing on the body of literature developed by Von Thunen, Christaller and Losch, these chapters explore empirical, theoretical and applied aspects of urban and regional economics which can be divided into the following areas: Location Theory, "Jean Jaskold Gabszewicz, Jacques-Francois Thisse, Masahisa Fujita "and" Urs Schwiezer" Urban Public Finance, "David E. Wildasin" Urban Dynamics and Urban Externalities, "Takahiro Miyao "and" Yoshitsugu" "Kanemoto" Systems of Cities and Facility Location,

Difference Equations, Discrete Dynamical Systems and Applications

Difference Equations, Discrete Dynamical Systems and Applications
Author: Lluís Alsedà i Soler
Publisher: Springer
Total Pages: 336
Release: 2016-10-22
Genre: Mathematics
ISBN: 3662529270

These proceedings of the 18th International Conference on Difference Equations and Applications cover a number of different aspects of difference equations and discrete dynamical systems, as well as the interplay between difference equations and dynamical systems. The conference was organized by the Department of Mathematics at the Universitat Autònoma de Barcelona (UAB) under the auspices of the International Society of Difference Equations (ISDE) and held in Barcelona (Catalonia, Spain) in July 2012. Its purpose was to bring together experts and novices in these fields to discuss the latest developments. The book gathers contributions in the field of combinatorial and topological dynamics, complex dynamics, applications of difference equations to biology, chaotic linear dynamics, economic dynamics and control and asymptotic behavior, and periodicity of difference equations. As such it is of interest to researchers and scientists engaged in the theory and applications of difference equations and discrete dynamical systems.

Modern Urban and Regional Economics

Modern Urban and Regional Economics
Author: Philip McCann
Publisher: Oxford University Press, USA
Total Pages: 433
Release: 2013-01-31
Genre: Business & Economics
ISBN: 0199582009

The second edition of this accessible text provides an integrated framework of the study of urban and regional economics. It offers a concise and up-to-date introduction to the main foundational models, principles, and theories of the subject, and uses a range of international examples to illustrate ideas.

Salt and the Colombian State

Salt and the Colombian State
Author: Joshua M. Rosenthal
Publisher: University of Pittsburgh Pre
Total Pages: 235
Release: 2014-08-23
Genre: History
ISBN: 0822977982

In republican Colombia, salt became an important source of revenue not just to individuals, but to the state, which levied taxes on it and in some cases controlled and profited from its production. The salt trade consistently accounted for roughly 10 percent of government income. In the town of La Salina de Chita, in Boyaca province, thermal springs offered vast amounts of salt, and its procurement and distribution was placed under the jurisdiction of the Ministry of Finance. Focusing his study on La Salina, Joshua M. Rosenthal presents a fascinating glimpse into the workings of the early Colombian state, its institutions, and their interactions with local citizens during this formative period. Although historians have cited the state's weakness and, in many cases, its absence in local affairs, Rosenthal counters these assumptions by documenting the primary role the state held in administering contracts, inspections, land rights, labor, and trade in La Salina, contending that this was not an isolated incident. He also uncovers the frequent interaction between the state and local residents, who used the state's liberal rhetoric to gain personal economic advantage. Seen through the lens of the administration of La Salina's saltworks, Rosenthal provides a firsthand account of the role of local institutions and fiscal management in the larger process of state building. His study offers new perspectives on the complex network of republican Colombia's political culture and its involvement in provincial life across the nation.

Local Telephone Competition

Local Telephone Competition
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
Total Pages: 108
Release: 2005
Genre: Business & Economics
ISBN:

Monopoly

Monopoly
Author: Rod Kennedy
Publisher: Gibbs Smith
Total Pages: 104
Release: 2004
Genre: Games & Activities
ISBN: 9781586853228

The author chronicles the history of the world's most popular board game,racing the origins of each "property" within Atlantic City, New Jersey,hile recalling the evolution of the game. Original.