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Estimation of Social Cost of Monopoly in Insurance Industry:A Case Study of Iran

Mohammadnabi Shahekitash; Nasim Fiyozi Ekhtiyari

Volume 13, Issue 38 , April 2009, , Pages 133-155

Abstract
  "Competition" and "monopoly" are two important issues in market structure analysis. Theoretically, monopoly structure in an industry results in distorted resource allocation, bringing about economic rents. The outcome of such market structure is the burden of social costs imposed on the users. This study ...  Read More