Monopolistic competition, as you like it.
We explore monopolistic competition with asymmetric preferences over a variety of goods provided by heterogeneous firms, and compute equilibria (approximating Cournot and Bertrand equilibria when market shares are negligible) through average Morishima elasticities of substitution. Further results co...
| Publicado en: | Economic Inquiry Vol. 60; no. 1; pp. 293 - 320 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Jan2022
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=154222463&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 154222463 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jan2022 vid: 60 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 154222463 10.1111/ecin.13030 ppf: 293 ppct: 27 formats: fmt: – @attributes: type: T – @attributes: type: P size: 749KB tig: atl: Monopolistic competition, as you like it. aug: au: Bertoletti, Paolo Etro, Federico affil: Department of Economics, Management and Statistics, University of Milan‐Bicocca, Milan, Italy Florence School of Economics and Management, University of Florence, Florence, Italy su: Monopolistic competition Consumer preferences Nash equilibrium Market share sug: subj: Monopolistic competition Consumer preferences Nash equilibrium Market share keyword: asymmetric preferences generalized separability heterogeneous firms monopolistic competition variable markups asymmetric preferences generalized separability heterogeneous firms monopolistic competition variable markups ab: We explore monopolistic competition with asymmetric preferences over a variety of goods provided by heterogeneous firms, and compute equilibria (approximating Cournot and Bertrand equilibria when market shares are negligible) through average Morishima elasticities of substitution. Further results concerning pricing and entry emerge under homotheticity and when demands depend on a common aggregator, as with Generalized Additively Separable preferences. Under additivity we can determine which goods are going to be provided under free entry, as well as the selection effects associated with changes in market size, consumers' income, aggregate productivity, and preference parameters. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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