ON THE PREDICTIVE CONTENT OF MODELS OF MONOPOLISTIC COMPETITION: REPLY.

Justifies a criticism on the predictive content of econometric models under monopolistic competition. Effect of advertising on the demand functions; Assumptions on the analysis; Increase in market saturation point.

Detalles Bibliográficos
Publicado en:Southern Economic Journal Vol. 39; no. 1; pp. 147 - 149
Autor principal: Hadar, Josef
Formato: Artículo
Publicado: Wiley-Blackwell Jul72
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:Justifies a criticism on the predictive content of econometric models under monopolistic competition. Effect of advertising on the demand functions; Assumptions on the analysis; Increase in market saturation point.