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A Note on the Social Costs of Monopoly and Regulation

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  • Jamal Ibrahim Haidar

Abstract

The aim of this note is to discuss the economic perspective of the social costs of monopoly and regulation. First, this note sketches a well-recognized argument in the industrial organization, microeconomic theory, law practice, and various public policy perspectives. Second, it defines the three building-block assumptions for the argument and provides four remarks on them. Third, it concludes and provides a guidance to a needed correction in social cost measurement given the contemporary regulatory framework.

Suggested Citation

  • Jamal Ibrahim Haidar, 2011. "A Note on the Social Costs of Monopoly and Regulation," The IUP Journal of Financial Economics, IUP Publications, vol. 0(4), pages 76-79, December.
    • Handle: RePEc:icf:icfjfe:v:09:y:2011:i:4:p:76-79
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