Economics Dictionary of ArgumentsHome
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| Monopolies: In economics, a monopole refers to a market structure dominated by a single seller or producer, controlling the entire supply of a particular good or service. This unique market position grants the entity significant control over pricing, often leading to higher prices and limited consumer choice due to the absence of direct competitors. See also Progress, Supply, Demand, Price, Markets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Dictionary of Arguments. | |||
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Albert O. Hirschman on Monopolies - Dictionary of Arguments
Brocker I 525 Monopolies/Hirschman: (See Competition/Hirschman): an inefficient monopolist can easily get rid of those, through a little competition, and thus a little migration opportunity, who could most likely become dangerous to him through conflict. Migration: see Terminology/Hirschman). Example The US post office was relieved by telephone and telegraphy (1). Hirschman also examines the policy of Latin American states to expel critics of the country.(2) 1. Albert O. Hirschman, Exit, Voice, and Loyalty. Responses to Decline in Firms, Organizations, and States, Cambridge, Mass. 1970. Dt.: Albert O. Hirschman, Abwanderung und Widerspruch. Reaktionen auf Leistungsabfall bei Unternehmungen, Organisationen und Staaten, Tübingen 1974, S. 50 2. Ibid. p. 51 Stephan Panther, „Albert O. Hirschman, Abwanderung und Widerspruch“ in: Manfred Brocker (Hg.) Geschichte des politischen Denkens. Das 20. Jahrhundert. Frankfurt/M. 2018_____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. "Vs" indicates differences in content, not necessarily the chronological progression of a controversy. If a German edition is specified, the page numbers refer to this edition. |
PolHirschm I Albert O. Hirschman The Strategy of Economic Development New Haven 1958 Brocker I Manfred Brocker Geschichte des politischen Denkens. Das 20. Jahrhundert Frankfurt/M. 2018 |
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