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Keywords: Monopolies
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2004) 30 (2): 72–92.
Published: 01 February 2004
...Joseph T. Salerno The theory of monopoly price was originally formulated by Carl Menger at the inception of the marginalist revolution in 1871 and represented the dominant theoretical approach to monopoly until the 1930s. Despite its impeccable doctrinal pedigree and lengthy dominance, the theory...
