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Monopolistic Competition with Endogenous Specialization
The Review of Economic Studies, 1994In the familiar spatial model of monopolistic competition on the circle, a product is identified by a single locational characteristic representing its brand or variety. The ability of a variety to compete with other varieties a given distance away (its "specialization" as quantified by transportation losses or how rapidly the "melting iceberg" melts ...
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Monopolistic competition and optimum product diversity
, 1977A. Dixit, J. Stiglitz
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Increasing returns, monopolistic competition, and international trade
, 1979P. Krugman
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Distorted monopolistic competition
2016We characterize the equilibrium and optimal resource allocations in a general equilibrium model of monopolistic competition with multiple asymmetric sectors and heterogeneous firms. We first derive general results for additively separable preferences and general productivity distributions, and then analyze specific examples that allow for closed-form ...
Behrens, Kristian +3 more
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Monopolistic Competition and General Equilibrium
The Review of Economic Studies, 1961Traditional general equilibrium theory, as exemplified in Walras (1874–7) and Hicks (1939), was concerned only with perfect competition, though it was preceded by Cournot’s theory of oligopoly (1838), where perfect competition is only a limiting case of oligopoly. Walras (1874–7, p. 431) admitted that perfect competition is not the only possible system
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Monopolistic competition with investments in productivity
Optimization Letters, 2018I. Bykadorov
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