{"title":"丑陋的垄断理论:平均成本定价暴政","authors":"Hak Choi","doi":"10.2139/SSRN.2456525","DOIUrl":null,"url":null,"abstract":"This paper explains why monopolists do not necessarily obtain profit. It also reveals the true picture of average cost pricing. It concludes that protected businesses must eventually become both stupid and wasteful, and that state-owned monopolists are the ugliest one.","PeriodicalId":119086,"journal":{"name":"ERN: Other Institutions & Transition Economics: Firm Governance (Topic)","volume":"31 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2014-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Ugly Monopoly Theory: The Average-Cost Pricing Tyranny\",\"authors\":\"Hak Choi\",\"doi\":\"10.2139/SSRN.2456525\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper explains why monopolists do not necessarily obtain profit. It also reveals the true picture of average cost pricing. It concludes that protected businesses must eventually become both stupid and wasteful, and that state-owned monopolists are the ugliest one.\",\"PeriodicalId\":119086,\"journal\":{\"name\":\"ERN: Other Institutions & Transition Economics: Firm Governance (Topic)\",\"volume\":\"31 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2014-06-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Other Institutions & Transition Economics: Firm Governance (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/SSRN.2456525\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Other Institutions & Transition Economics: Firm Governance (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.2456525","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Ugly Monopoly Theory: The Average-Cost Pricing Tyranny
This paper explains why monopolists do not necessarily obtain profit. It also reveals the true picture of average cost pricing. It concludes that protected businesses must eventually become both stupid and wasteful, and that state-owned monopolists are the ugliest one.