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The theory of monopolistic competition : a re-orientation of the theory of value /

By: Material type: TextTextSeries: Harvard economic studiesPublication details: Cambridge, Mass. : Harvard University Press; London : Oxford University Press, c1956.Edition: 7th edDescription: xiv, 350 p. :illSubject(s): DDC classification:
  • 338.82 CHA
LOC classification:
  • HB201 .C5 1956
Summary: The study is divided into two main parts. In -the first, the author has analyzed imperfect competition where there are a few, but only a few, sellers of identical goods in the identical market-the problems of duopoly and oligopoly. The second and larger part of the book is an analysis of imperfect competition where the demands for the goods of different sellers are closely related but not identical. It is to the latter situations that the author more particularly applies the term "monopolistic competition ", and it is to the analysis of such situations "that special interest and importance attaches "The theory of monopolistic competition is concerned " not only with the problem of an individual equilibrium (the ordinary theory of monopoly), but also with that of a group equilibrium (the adjustment of economic forces within a group of competing monopolists, ordinarily regarded merely as a group of competitors)" (p. 69).
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Holdings
Item type Current library Collection Call number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library General Stacks Non-fiction 338.82 CHA (Browse shelf(Opens below)) Available 31008100119524

Includes index.

Includes bibliographical references: p. 277-346.

The study is divided into two main parts. In -the first, the author has analyzed imperfect competition where there are a few, but only a few, sellers of identical goods in the identical market-the problems of duopoly and oligopoly. The second and larger part of the book is an analysis of imperfect competition where the demands for the goods of different sellers are closely related but not identical. It is to the latter situations that the author more particularly applies the term "monopolistic competition ", and it is to the analysis of such situations "that special interest and importance attaches "The theory of monopolistic competition is concerned " not only with the problem of an individual equilibrium (the ordinary theory of monopoly), but also with that of a group equilibrium (the adjustment of economic forces within a group of competing monopolists, ordinarily regarded merely as a group of competitors)" (p. 69).

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