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The Many Approaches to the Study of Monopolistic Competition

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Abstract

It is suggested here that there are many highly different purposes for the study and application of theories of oligopolistic competition, monopolistic competition, and allied topics. This paper sets the different purposes and questions in context, then makes criticisms and suggestions as to where to go from here.

Suggested Citation

  • Martin Shubik, 1984. "The Many Approaches to the Study of Monopolistic Competition," Cowles Foundation Discussion Papers 713, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:713
    Note: CFP 641.
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    References listed on IDEAS

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    1. Jaskold Gabszewicz, Jean & Vial, Jean-Philippe, 1972. "Oligopoly "A la cournot" in a general equilibrium analysis," Journal of Economic Theory, Elsevier, vol. 4(3), pages 381-400, June.
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    4. Dubey, Pradeep & Mas-Colell, Andreau & Shubik, Martin, 1980. "Efficiency properties of strategies market games: An axiomatic approach," Journal of Economic Theory, Elsevier, vol. 22(2), pages 339-362, April.
    5. Dubey, Pradeep, 1982. "Price-Quantity Strategic Market Games," Econometrica, Econometric Society, vol. 50(1), pages 111-126, January.
    6. Shapley, Lloyd S & Shubik, Martin, 1977. "Trade Using One Commodity as a Means of Payment," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 937-968, October.
    7. Pradeep Dubey & Lloyd S. Shapley, 1977. "Noncooperative Exchange with a Continuum of Traders," Cowles Foundation Discussion Papers 447, Cowles Foundation for Research in Economics, Yale University.
    8. Kofi O. Nti & Martin Shubik, 1981. "Duopoly with Differentiated Products and Entry Barriers," Cowles Foundation Discussion Papers 576, Cowles Foundation for Research in Economics, Yale University.
    9. Schmalensee, Richard, 1983. "Advertising and Entry Deterrence: An Exploratory Model," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 636-653, August.
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    12. Oliver Hart, 1983. "Monopolistic Competition in the Spirit of Chamberlain: A General Model (Now published in Review of Economic Studies, LII, (1985).)," STICERD - Theoretical Economics Paper Series 82, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    13. Oliver Hart, 1983. "Imperfect Competition in General Equilibrium: An Overview of Recent Work (Now published in Frontiers of Economics, edited by K. Arrow and S. Honkapohja, (Basil Blackwell, Oxford, 1985).)," STICERD - Theoretical Economics Paper Series 64, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    14. Shitovitz, Benyamin, 1974. "On some problems arising in markets with some large traders and a continuum of small traders," Journal of Economic Theory, Elsevier, vol. 8(4), pages 458-470, August.
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    18. Ross, Stephen A, 1973. "The Economic Theory of Agency: The Principal's Problem," American Economic Review, American Economic Association, vol. 63(2), pages 134-139, May.
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    20. Pradeep Dubey & J.D. Rogawski, 1982. "Inefficiency of Nash Equilibria in a Private Goods Economy," Cowles Foundation Discussion Papers 631, Cowles Foundation for Research in Economics, Yale University.
    21. Oliver Hart, 1983. "Monopolistic Competition in the Spirit of Chamberlain: Special Results (Now published in Economic Journal, 95, (1985).)," STICERD - Theoretical Economics Paper Series 85, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
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    More about this item

    Keywords

    Monopolistic competition; oligopolistic competition;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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