Journal Article Appropriate Technology, X-Inefficiency, and a Competitive Environment: Some Evidence from Pakistan Get access Lawrence J. White Lawrence J. White New York University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 90, Issue 4, November 1976, Pages 575–589, https://doi.org/10.2307/1885322 Published: 01 November 1976

Journal Article A Note on the Influence of Monopoly on Product Innovation Get access Lawrence J. White Lawrence J. White Princeton University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 86, Issue 2, May 1972, Pages 342–345, https://doi.org/10.2307/1880571 Published: 01 May 1972

A monopolist that sells in a market in which consumers differ in their willingness to pay for quality will distort and enlarge the range of products offered for sale. We examine the positive and normative impacts of remedies used to counteract such distortions. For the case of a price ceiling, the monopolist improves quality at the low quality end of the market, offsetting the distortion induced by the unregulated exercise of monopoly power. Social welfare can be shown to increase for a sufficiently slight degree of price regulation. For minimum quality standards, the social welfare implications are ambiguous because the standards may exclude some consumers from the market.