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.

Bibliographic Details
Published in:Southern Economic Journal Vol. 39; no. 1; pp. 147 - 149
Main Author: Hadar, Josef
Format: Article
Published: Wiley-Blackwell Jul72
Subjects:
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