NAKED EXCLUSION
Walter Block
(Department of Economics & Finance, University of Central Arkansas, Conway, Arkansas 72035)
51
Abstract
Rasmusen, Ramseyer and Wiley (1991) (hereafter RRW) seek to show that exclusionary agreements can be both “profitable and pernicious (1137).” A contract to exclude provides that if I sell to you, you agree not to buy from anyone else but me; you must be loyal or, better yet, faithful, to me. RRW “focus on exclusionary conduct that is ‘naked’: conduct unabashedly meant to exclude rivals, for which no one offers any efficiency justification” (1137).
Citation
Block, W. (1999), "NAKED EXCLUSION", Humanomics, Vol. 15 No. 4, pp. 141-148. https://doi.org/10.1108/eb018843
Publisher
:MCB UP Ltd
Copyright © 1999, MCB UP Limited