Sentence examples for pure monopoly from inspiring English sources

Rather than controlling a pure monopoly, De Beers might be able to run a quasi-cartel that stops the market from opening fully.

Edward Chamberlain, a professor of economics at Harvard in the 1950's, pioneered the concept of "monopolistic competition," a hybrid of the pure monopoly and pure competition models that were then the staple of economics courses.

"But the U.S.P.S. is probably the best example of a pure monopoly that has seen the least change," said John Payne, the chief executive of Zumbox, a Los Angeles-based start-up that offers virtual mailboxes for personal computers in the United States on a private basis and that has sold the program to foreign postal services.

Nineteenth-century economists had devoted their attention to two extreme types of market structure, either that of "pure monopoly" (in which a single seller controls the entire market for one product) or that of "pure competition" (meaning markets with many sellers, highly informed buyers, and a single, standard product).

This paper presents a theory of competition in dictatorships, in which the possible equilibrium political market structures range from pure monopoly (uncontested kleptocracy with high entry barriers) to perfectly competitive (benevolent dictatorship with regular leadership turnover).

Let ( 0 le k le n ) be the cardinal of customers that have decided to create the buyer group; thus, its relative size, ( s equiv frac{k}{n} ), can vary from 0 (in which case the seller may act as a pure monopoly) to 1 (when the industry is a bilateral monopoly).

Instead of setting the optimal posted price ( p^{m} = frac{1 + z}{2 + z} ), where the superscript m denotes a pure-monopoly scenario, the seller can obtain the same profits by setting a supply function as in Eq. (1) that clears the market at the optimal monopoly price ( p^{m} ).

Always complete monopolies.

This study compares the welfare implication of privatization of the distribution networks by comparing two extreme cases, a pure regional distributional monopoly case and a representative pure "free" consumer case, with a benchmark case of administered price regulation.

Edgeworth contributed to the pure theory of international trade and to taxation and monopoly theory.

Perhaps it is pure timidity; he fears that breaking the public sector monopoly will not deliver the goods we as a public hold so dear.