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Monopolistic or Imperfect Competition?

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  • Edward H. Chamberlin

Abstract

Some misconceptions examined relative to: marginal revenue, 558; increasing returns, 560; tangency of demand and cost curves, 561; large numbers and divisibility, 562; restriction of entry, 566; differentiation of product, 568.— The nature of monopolistic competition, 570; contrast with imperfect competition, 573.— Significance of the difference with respect to: profits, 576; "competitive" norms, 576; "exploitation," 577.

Suggested Citation

  • Edward H. Chamberlin, 1937. "Monopolistic or Imperfect Competition?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(4), pages 557-580.
    • Handle: RePEc:oup:qjecon:v:51:y:1937:i:4:p:557-580.
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    Cited by:

    1. Faias, Marta & Hervés-Estévez, Javier & Moreno-García, Emma, 2014. "Stability in price competition revisited," MPRA Paper 62302, University Library of Munich, Germany, revised 31 Aug 2014.
    2. Paolo Bertoletti & Federico Etro, 2022. "Monopolistic competition, as you like it," Economic Inquiry, Western Economic Association International, vol. 60(1), pages 293-319, January.
    3. Jean Guillaume Forand & Vikram Maheshri, 2012. "(De)Regulation and Market Thickness," Working Papers 1202, University of Waterloo, Department of Economics, revised Oct 2012.
    4. Marc Cowling & Simon Peter Nadeem, 2020. "Entrepreneurial Firms: With Whom Do They Compete, and Where?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(3), pages 559-577, November.
    5. Cordoba, Juan Carlos & Liu, Xiying, 2023. "A Unified Theory of Value: Oligopolistic Competition and Optimum Product Diversity," ISU General Staff Papers 202303231249420000, Iowa State University, Department of Economics.
    6. Signorino, Rodolfo, 2012. "Edward H. Chamberlin (1899 − 1967)," MPRA Paper 39213, University Library of Munich, Germany.
    7. Huo, Jingjing, 2015. "How Nations Innovate: The Political Economy of Technological Innovation in Affluent Capitalist Economies," OUP Catalogue, Oxford University Press, number 9780198735847.
    8. Moez Bellaaj, 2008. "Technologies De L'Information Et Performance Organisationnelle : Différentes Approches D'Évaluation," Post-Print halshs-00522342, HAL.
    9. Ilona Bažantová & Jan Horych, 2022. "Konkurence a monopol v předkeynesovské neoklasice a koncepce J. Robinsonové a E. Chamberlina [Competition and Monopoly in Pre-Keynesian Neoclassicism and the Concepts of J. Robinson and E. Chamberl," Politická ekonomie, Prague University of Economics and Business, vol. 2022(3), pages 361-382.

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