This paper has examined the distributional effects of monopoly using quivalent variations. It was found that, whatever the size of the absolute welfare loss due to monopoly, there may be a substantial effect on the distribution of welfare.
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Length: 15 pages Date of creation: 1998 Date of revision: Handle: RePEc:mlb:wpaper:651
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Find related papers by JEL classification: H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence