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Although Abba Lerner’s 1934 RES paper is remembered today for having introduced the Lerner Index as a measure of monopoly power, the paper was as much concerned with clarifying the nature of the social loss from monopoly as with measuring monopoly power
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Document Date: 2012-09-05 09:58:14
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Although Abba Lerner’s 1934 RES paper is remembered today for having introduced the Lerner Index as a measure of monopoly power, the paper was as much concerned with clarifying the nature of the social loss from monopoly as with measuring monopoly power