Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/30021 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
Economics Discussion Papers No. 2010-10
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
In this paper we study the welfare effect of a monopoly innovation. Unlike many partial equilibrium models carried out in previous studies, general equilibrium models with non-price-taking behavior are constructed and analyzed in greater detail. We discover that technical innovation carried out by a monopolist could significantly increase the social welfare. We conclude that, in general, the criticism against monopoly innovation based on its increased deadweight loss is less accurate than previously postulated by many studies.
Schlagwörter: 
Monopoly
social welfare
technical innovation
general equilibrium
JEL: 
D50
D60
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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