The Theory Of Monopolistic Competition

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The Theory of Monopolistic Competition
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The Theory of Monopolistic Competition
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Much of today's conventional macroeconomic theory presumes that markets for goods approach the state of perfect competition. Monopolistic Competition and Macroe
The Monopolistic Competition Revolution in Retrospect
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Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched "the second monopolistic competition revolution".
Joan Robinson and Modern Economic Theory
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This and its companion volume, "The Economics of Imperfect Competition and Employment", are about Joan Robinson, her impact on modern economics, her challenges