Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
The paper restates Hart's [1985a, 1985b] definition of large group monopolistic competition, distinguishes it from oligopolistic competition, and raises the question of whether there are reasonable circumstances that give rise to true monopolistic competition as defined. The purpose is to show that consumers' imperfect information may create conditions that will turn an otherwise oligopolistic market into a truly monopolistically competitive one.