Sparrow, F. T.2020-10-052020-10-05197819784674639https://hdl.handle.net/10657/7014The familiar problem of social losses due to monopolization of an industry is addressed with the unfamiliar addition of a recognition that production costs may not be independent of industry structure. The study is specifically focused on the domestic primary aluminum industry. A linear-programming process model of aluminum production is used to analyze the production cost effects of certain sub-optimal institutional arrangements in the industry thought to reflect government intervention. Decontrol results in production cost savings, but any such savings are found to be vastly outweighed by usual monopoly losses unless output price is regulated.application/pdfenThis item is protected by copyright but is made available here under a claim of fair use (17 U.S.C. §107) for non-profit research and educational purposes. Users of this work assume the responsibility for determining copyright status prior to reusing, publishing, or reproducing this item for purposes other than what is allowed by fair use or other copyright exemptions. Any reuse of this item in excess of fair use or other copyright exemptions requires express permission of the copyright holder.OrganizationIndustryThesisreformatted digital