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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(The Welfare Cost of Monopoly) In many larger U.S. cities, monopoly owners of sports franchises have been lobbying local governments for new publicly financed sports stadiums. Is this a form of rent seeking? Go to Heartland Institute’s Web site at http://www.heartland.org/Index.cfm, conduct a search for sports stadiums, and look at one of the documents collected there. Is there convincing evidence of rent seeking? If so, how does that relate to the welfare cost of monopoly?
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