Monopolistic competition, as you like it

C-Tier
Journal: Economic Inquiry
Year: 2022
Volume: 60
Issue: 1
Pages: 293-319

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We explore monopolistic competition with asymmetric preferences over a variety of goods provided by heterogeneous firms, and compute equilibria (approximating Cournot and Bertrand equilibria when market shares are negligible) through average Morishima elasticities of substitution. Further results concerning pricing and entry emerge under homotheticity and when demands depend on a common aggregator, as with Generalized Additively Separable preferences. Under additivity we can determine which goods are going to be provided under free entry, as well as the selection effects associated with changes in market size, consumers' income, aggregate productivity, and preference parameters.

Technical Details

RePEc Handle
repec:bla:ecinqu:v:60:y:2022:i:1:p:293-319
Journal Field
General
Author Count
2
Added to Database
2026-01-24