scholarly journals Buyer Countervailing Power versus Monopoly Power: Evidence from Experimental Posted-Offer Markets

2002 ◽  
Author(s):  
Jim Engle-Warnick ◽  
Bradley J. Ruffle
Keyword(s):  
Monopoly Power ◽  
Countervailing Power ◽  
Posted Offer

Monopoly Power in the Oil Market and the Macroeconomy

2017 ◽  
Author(s):  
Nicole Branger ◽  
Renn Marian Flacke ◽  
Nikolai Grrber
Keyword(s):  
Monopoly Power ◽  
Oil Market

Insurgent Universality

2019 ◽  
Author(s):  
Massimiliano Tomba
Keyword(s):  
Private Property ◽  
The State ◽  
European History ◽  
Monopoly Power ◽  
Individual Rights ◽  
Modern Conception ◽  
Democratic Practices ◽  
Fresh Perspective ◽  
Alternative Institutions

Insurgent Universality presents an intervention in current discussions on universalism, democracy, and property. It investigates other trajectories besides traditional ones of modernity and traces an alternative legacy for contemporary movements. This legacy exceeds the familiar juridical horizon of citizenship, individual rights, and the state by revisiting questions relating to power, democratic practices, and the modern conception of private property. Insurgent Universality investigates and displays alternative trajectories of modernity that have been repressed, hindered, and forgotten. These trajectories are not only embodiments of a radical hope and a new conception of universality that arose from insurgencies from below; they also alert us to possibilities in our present that have been underestimated or overlooked. Eventually, they show us alternative institutions by which to reshape our present. These experimental democratic practices and institutions are based on the pluralism of authorities instead of the monopoly power of the state. However, such an inquiry resists the utopian urge to clear the tables. Instead, the book examines more closely, and with a fresh perspective, those aspects of our intellectual inheritance that we have allowed to remain in the darkness. By doing this, Insurgent Universality aims to “decolonize” European history, offering an image of Europe that is not monolithic but, rather, composed of many layers and paths that have been repressed or forgotten. The aim of the book is to rebuild those roads not taken and bridge them with non-European trajectories and political experiments.

Regulation

2018 ◽  
Author(s):  
Robert Sugden
Keyword(s):  
Public Goods ◽  
Maximum Yield ◽  
Monopoly Power ◽  
Choice Overload ◽  
Market Failures ◽  
Governmental Regulation

Chapter 7 considers a range of conditions that are usually considered as ‘market failures’ to be corrected by governmental regulation. I discuss these conditions, and possible responses to them, from a contractarian viewpoint. I argue that neoclassical arguments for regulations against cartels and against the exploitation of monopoly power can be endorsed on contractarian grounds, as can certain kinds of regulations against spurious complexity in pricing. I raise doubts about the significance of behavioural arguments for regulation that assume choice overload or preferences for self-constraint. I develop a concept of consumers’ surplus that does not depend on assumptions about preferences, and is defined in terms of the maximum yield of discriminatory pricing. I discuss two opportunity-enhancing mechanisms for the supply of public goods.

scholarly journals Controlling monopoly power in a double‐auction market experiment

2021 ◽  
Author(s):  
Giuseppe Attanasi ◽  
Kene Boun My ◽  
Andrea Guido ◽  
Mathieu Lefebvre
Keyword(s):  
Monopoly Power ◽  
Double Auction ◽  
Auction Market ◽  
Market Experiment

scholarly journals The Measurement of Monopoly Power in Dynamic Markets

1985 ◽  
Vol 28 (1) ◽  
pp. 193-222 ◽  
Author(s):  
Robert S. Pindyck
Keyword(s):  
Monopoly Power ◽  
Dynamic Markets

Politikberatung der Öffentlichkeit?

2001 ◽  
Vol 2 (1) ◽  
pp. 61-73 ◽  
Author(s):  
Hans Pitlik
Keyword(s):  
Public Opinion ◽  
Collective Action ◽  
General Public ◽  
Policy Advice ◽  
Collective Action Problem ◽  
Academic System ◽  
Countervailing Power

Abstract Due to the incentives of both suppliers and users of policy advice the influence of economists on government decisions is almost negligible. This paper aims to explore the prospects of policy advice addressed to the general public as a countervailing power. It is argued that in order to have some impact on public opinion economists must rely primarily on propaganda and have to overcome a serious collective action problem. Yet, the organization of the academic system provides no incentives for economists to fulfil the role of general-public-oriented advisers.

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