1
Faculty member of the Faculty of Economics, Sistan and Baluchestan University
2
M.A in Economics
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 shows that the insurance industry in Iran is a tight monopoly. We therefore, estimate the resulting social burden of insurance industry in Iran. The result of calculating Harberger, Posner, and Cowling-Muller indices in 2003 shows that a social cost is equal to 2.8%, 3.45%, and 3.13%. of the revenues earned in insurance industry, respectively.
Shahekitash,M and Fiyozi Ekhtiyari,N . (2009). Estimation of Social Cost of Monopoly
in Insurance Industry:A Case Study of Iran. Iranian Journal of Economic Research, 13(38), 133-155.
MLA
Shahekitash,M , and Fiyozi Ekhtiyari,N . "Estimation of Social Cost of Monopoly
in Insurance Industry:A Case Study of Iran", Iranian Journal of Economic Research, 13, 38, 2009, 133-155.
HARVARD
Shahekitash M, Fiyozi Ekhtiyari N. (2009). 'Estimation of Social Cost of Monopoly
in Insurance Industry:A Case Study of Iran', Iranian Journal of Economic Research, 13(38), pp. 133-155.
CHICAGO
M Shahekitash and N Fiyozi Ekhtiyari, "Estimation of Social Cost of Monopoly
in Insurance Industry:A Case Study of Iran," Iranian Journal of Economic Research, 13 38 (2009): 133-155,
VANCOUVER
Shahekitash M, Fiyozi Ekhtiyari N. Estimation of Social Cost of Monopoly
in Insurance Industry:A Case Study of Iran. Iranian Journal of Economic Research. 2009;13(38):133-155 (In Persian).
