Add to ORKGIn the Dixit-Stiglitz model of monopolistic competition, entry of firms is socially too small. Other authors have shown that excess entry is also a possibility with other preferences for diversity. We show that the cost structure and workers's rents can also explain excess entry
Optimum product diversity is analysed within a model of monopolistic competition and search unemploy...
We model a free-entry equilibrium in a differentiated oligopoly where firms compete either in prices...
We provide a unified approach to imperfect (monopolistic, Bertrand and Cournot) competition when pre...
In the Dixit-Stiglitz model of monopolistic competition, entry of firms is socially too small. Other...
This paper tackles the issue of optimum product diversity in an imperfectly competitive market with ...
It has been proved that in an homogeneous product industry, price over marginal costs, business stea...
The paper considers impact of entry barriers on the social welfare. Despite the common opinion that ...
In the article, authors present a reply to the work of economists, Xiaokai Yang and Ben J. Heijdra, ...
This paper revisits the D-S (Dixit-Stiglitz) model. It’s a simple general monopolistic model with n...
We examine the relationship between the equilibrium number of the firms entering the market and soci...
We introduce a class of “increasing elasticity of substitution” preferences in a monopolistic compet...
We first derive the optimal price-quality choice of a protected multi-product monopolist operating i...
After some decades of relative oblivion, the interest in the optimality properties of monopolistic c...
After some decades of relative oblivion, the interest in the optimality properties of monopolistic c...
The basic issue concerning production in welfare economics is whether a market solu-tion will yield ...
Optimum product diversity is analysed within a model of monopolistic competition and search unemploy...
We model a free-entry equilibrium in a differentiated oligopoly where firms compete either in prices...
We provide a unified approach to imperfect (monopolistic, Bertrand and Cournot) competition when pre...
In the Dixit-Stiglitz model of monopolistic competition, entry of firms is socially too small. Other...
This paper tackles the issue of optimum product diversity in an imperfectly competitive market with ...
It has been proved that in an homogeneous product industry, price over marginal costs, business stea...
The paper considers impact of entry barriers on the social welfare. Despite the common opinion that ...
In the article, authors present a reply to the work of economists, Xiaokai Yang and Ben J. Heijdra, ...
This paper revisits the D-S (Dixit-Stiglitz) model. It’s a simple general monopolistic model with n...
We examine the relationship between the equilibrium number of the firms entering the market and soci...
We introduce a class of “increasing elasticity of substitution” preferences in a monopolistic compet...
We first derive the optimal price-quality choice of a protected multi-product monopolist operating i...
After some decades of relative oblivion, the interest in the optimality properties of monopolistic c...
After some decades of relative oblivion, the interest in the optimality properties of monopolistic c...
The basic issue concerning production in welfare economics is whether a market solu-tion will yield ...
Optimum product diversity is analysed within a model of monopolistic competition and search unemploy...
We model a free-entry equilibrium in a differentiated oligopoly where firms compete either in prices...
We provide a unified approach to imperfect (monopolistic, Bertrand and Cournot) competition when pre...