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Monopolistic competition with generalized additively separable preferences
, 2020We study monopolistic competition equilibria with free entry and social planner solutions under symmetric generalized additively separable preferences, which encompass known cases such as additive, homothetic, translog and other preferences.
P. Bertoletti, Federico Etro
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The Business & Management Collection
This is a unique account of the role played by 58 figures and diagrams commonly used in economic theory. These cover a large part of mainstream economic analysis, both microeconomics and macroeconomics and also general equilibrium theory.
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This is a unique account of the role played by 58 figures and diagrams commonly used in economic theory. These cover a large part of mainstream economic analysis, both microeconomics and macroeconomics and also general equilibrium theory.
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Trade policy under monopolistic competition with firm selection
, 2020We analyze trade policy in a symmetric, two-country version of the Melitz-Ottaviano (2008) model. Our characterizations are in‡uenced by three driving forces correspond- ing to the selection eect, the …rm-delocation eect, and the entry-externality eect ...
K. Bagwell, Seung Hoon Lee
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Regulation, innovation, and firm selection: The porter hypothesis under monopolistic competition
Journal of Environmental Economics and Management, 2017The Porter Hypothesis (PH) posits that well-designed environmental regulations can stimulate innovation, which may lead to efficiency gains or even profit increase in regulated firms.
Larry D. Qiu, Mohan Zhou, Xuan Wei
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INTRA-INDUSTRY TRADE UNDER PERFECT MONOPOLISTIC COMPETITION*
Journal of International Economics, 1980K. Lancaster
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Price Discrimination and Monopolistic Competition
Econometrica, 1984Summary: I examine the effects of price discrimination on the equilibrium prices, number of firms, and level of total surplus in a monopolistically competitive market. The main finding is that uniform pricing is more (less) efficient than is price discrimination when the purchases made by the consumers who are discriminated against constitute a small ...
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MONOPOLISTIC COMPETITION AND SEARCH UNEMPLOYMENT
Metroeconomica, 2005Summary: In this paper the monopolistic competition model of \textit{A. Dixit} and \textit{J. Stiglitz} [Am. Econ. rev. 67, No. 3, 297--308 (1977)] for the goods market and the search unemployment model of \textit{C. Pissarides} [Equilibrium unemployment theory. Basil Blackwell (1990)] are combined.
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Generalized Monopolistic Competition
International Advances in Economic Research, 2006This paper models a generalized form of monopolistic competition such that consumers are differentiated horizontally by taste while firms are differentiated vertically by quality location. Consumers have quadratic transportation costs of disutility from consuming a non-ideal brand, and firms are able to locate their products along a linear ...
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Excess Capacity in Monopolistic Competition
Journal of Political Economy, 1970Will a monopolistic competitor operate at the minimum point of his average cost curve? Demsetz argues that this is possible (1959, 1964). In this paper Demsetz's argument is critically examined and then rejected in favor of a necessarily negative slope at equilibrium and, hence, "excess capacity" in that average cost is higher than marginal cost ...
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Monopolistic Competition Revisited
Economica, 1951The main part of this paper will be devoted to a reformulation of the theory of monopolistic competition. It might be regarded as an indication of how I should develop and present the theory if I were doing it all over again todayin I95I. The underlying principles remain the same; but the order of development in building up the structure is different ...
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