Table II from Deadweight Loss in Oligopoly: A New Approach | Semantic Scholar (2024)

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@article{Daskin1991DeadweightLI, title={Deadweight Loss in Oligopoly: A New Approach}, author={Alan J. Daskin}, journal={Southern Economic Journal}, year={1991}, volume={58}, pages={171}, url={https://api.semanticscholar.org/CorpusID:155393082}}
  • Alan J. Daskin
  • Published 1 July 1991
  • Economics
  • Southern Economic Journal

Ever since Harberger's [18] pioneering article, researchers have attempted to estimate the welfare loss resulting from the exercise of market power. Despite nearly four decades of work in this area, however, surprisingly few researchers disagree with Harberger's finding that deadweight loss is quite small. While many dispute his claim that deadweight loss in manufacturing amounts to only about 0.1% of GNP, few estimates exceed more than 1-3% of the value of output.' Some of the higher estimates…

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