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Harvard University Press, 1933); Joan Robinson, The Economics of ImperfectCompetition (London: Nacmillan and Co., 1933). John Kenneth Gelbrejt has applied
The thesis of Chemberlena that each firm has some kind of monopoly in the market,
To a special situation of very big firms. See, for example: The New Industrial Slate
(Boston: Houghton, Mifflin, 1967). All three works belong without delay to a genre
Publicism, instead of to empirical tradition.] already almost half a century disputes last about
The volume, whether conducts small number of sellers to the imperfect monopoly similar
That which is a consequence of laws on licensing [Ability The authorities responsible for licensing to limit production arises from Legal monopoly for access to professional work. To have Possibility to limit production, branch with small sellers Existence or absence of the such requires other sources of the power, and Sources is almost that the centre of disputes about it.], and at which
There is a possibility to limit production, though, possibly, and not in that
To measure to receive profits of a perfect monopolist. In all western
Economy there is a number of the markets with not numerous sellers - whether in
Result of a wave of merges 1880 - 1914 whether because the size is small Factor "Volume of market sales / the minimum effective size of firm".
The detailed review of development of the theory it after 1933 would withdraw us too
Far from the analysis of processes of occurrence of institutes of the market, and furthermore in
Area rather developed. [See: F. M. Sherer, Industrial Market Structure and Economic Performance (Chicago: Rand McNally, 2d ed., 1980). Arguments in
Advantage of the point of view that it has no significance, see: Yale Brozen,
Concentration, Mergers and Public Policy (New York: Macmillan Publishing Co.,
1982).] For our purposes will enough note following moments:
1. The system which has generated unique growth of the western economy, deserves
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