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The Profit Rate as a Measure of Monopoly Power

Joe S. Bain

University of California System

Quarterly Journal of Economics 1941

The meaning of monopoly, 271. — The problem of measurement, 272. — Theoretical excess profits as indicators of monopoly, 273. — The problem of defining the rate of excess profit, 275. — Definition of the rate for a short fiscal period, 277. — The quantity of assets which a competitive firm will hold, 281. — The relation of the accounting to the theoretical rate of profit, 289. — The accounting profit rate as a measure of monopoly power, 291.

DOI
10.2307/1882062
Volume
55 (2)
Pages
271
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