First used in the 1930s by economists Edward Chamberlin and Joan Robinson, the term "monopolistic competition" refers to a market structure in which many businesses provide a product or service, but ...

Most models of monopolistic competition study the question of the "optimal degree of product differentiation" by looking at the number of firms that will locate in characteristics space. This is ...

Competition tends to bring about a better product or service, at a lower price, than does monopoly. This is a basic premise of virtually all economists, disputed by pretty much no one in the ...

There are varying types of market structures in industries. The type of market structure of a company in a particular industry influences the way the company conducts business and how pricing ...

Should we be worried about a movie studio buying up a modestly sized movie theater chain in terms of antitrust, monopolistic tendencies? No. Because this isn’t the 1940s. Sony Pictures is buying Texas ...

This is a preview. Log in through your library . Abstract A dynamic overlapping-generations model of a semi-small open economy with monopolistic competition in the goods market is constructed. A ...

Boeing is rolling back single-sourcing within its supply chain in an effort to reduce the risk of capacity shortfalls and blunt monopolistic pricing attempts by certain suppliers in the midst of a ...