On the responses of the Illyrian and entrepreneurial monopolies to a change in market conditions: An extension

Joseph Deutsch; Nava Kahana

doi:10.1016/0147-5967(88)90006-6

On the responses of the Illyrian and entrepreneurial monopolies to a change in market conditions: An extension

Joseph Deutsch, Nava Kahana

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Abstract

This paper examines the responses of the Illyrian and entrepreneurial (ENT) monopolies to a shift in demand associated with a change in elasticity of demand. The results are utilized to demonstrate that the output effects of the labor-managed (LM) monopoly are quite different from that of the ENT monopoly under price discrimination. This latter result provides some important implications for output policy for the LM monopoly.

Original language	English
Pages (from-to)	235-239
Number of pages	5
Journal	Journal of Comparative Economics
Volume	12
Issue number	2
DOIs	https://doi.org/10.1016/0147-5967(88)90006-6
State	Published - Jun 1988

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abstract = "This paper examines the responses of the Illyrian and entrepreneurial (ENT) monopolies to a shift in demand associated with a change in elasticity of demand. The results are utilized to demonstrate that the output effects of the labor-managed (LM) monopoly are quite different from that of the ENT monopoly under price discrimination. This latter result provides some important implications for output policy for the LM monopoly.",

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On the responses of the Illyrian and entrepreneurial monopolies to a change in market conditions: An extension

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