Book ChapterDOI
Monopoly and Monopolistic Competition
Victor J. Tremblay,Carol Horton Tremblay +1 more
- pp 145-162
TLDR
In this article, the authors discuss the market structures of monopoly and monopolistic competition and show that unlike perfect competition which has many sellers, a monopoly market has just one seller, which is the polar opposite of perfect competition.Abstract:
In this chapter, we discuss the market structures of monopoly and monopolistic competition. Unlike perfect competition which has many sellers, a monopoly market has just one seller. In this sense, it is the polar opposite of perfect competition.read more
Citations
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Journal ArticleDOI
The Theory of Monopolistic Competition.
Dissertation
An empirical investigation into the role, independence and effectiveness of Shari’ah boards in the Malaysian Islamic banking industry
Sheikh Hassan,Ahmad Fahmi +1 more
TL;DR: In this paper, the authors investigated the Shari'ah boards operating in the Malaysian Islamic banking industry and specifically examined the influence of the dual-layer shari'tah governance system on Malaysian Islamic banks' practices.
Journal Article
The Notion of “Moral Firm” and Distributive Justice in an Islamic Framework
TL;DR: In this article, the authors discuss conventional and Islamic concepts of distributive justice, and develop propositions for the establishment of firms deemed to be moral firms from Islamic perspective, and discuss the social and moralresponsibilities of the firms which claim that their products are Shariʽah compliant.
References
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Journal ArticleDOI
Uncertainty, Evolution, and Economic Theory
TL;DR: In this article, a modification of economic analysis to incorporate incomplete information and uncertain foresight as axioms is suggested, which embodies the principles of biological evolution and natural selection by interpreting the economic system as an adoptive mechanism which chooses among exploratory actions generated by the adaptive pursuit of "success" or "profit".
Journal Article
Allocative efficiency vs. X-Efficiency
TL;DR: Ebsco as discussed by the authors examined empirical evidence on allocative efficiency in economics and compared it with X-efficiency, an unindentified type of efficiency which has motivation as its major element.
Потери благостостояния от тарифов, монополий и воровства (The Welfare Costs of Tariffs, Monopolies and Theft)
TL;DR: In this article, the authors proposed a method to improve the quality of the information provided by the user by using the information of the user's interaction with the service provider and the user.
Journal ArticleDOI
Industry Structure, Market Rivalry, and Public Policy
TL;DR: In this article, the authors take a critical view of contemporary doctrine in this area and present data which suggest that this doctrine offers a dangerous base upon which to build a public policy toward business.