The Monopolistic Competition Revolution In Retrospect
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Author | : Steven Brakman |
Publisher | : Cambridge University Press |
Total Pages | : 511 |
Release | : 2001-01-05 |
Genre | : Business & Economics |
ISBN | : 1139438468 |
In 1977 Dixit and Stiglitz revolutionized the modeling of imperfectly competitive markets, launching the second monopolistic competition revolution. This 2003 text includes a comprehensive survey of both monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.
Author | : Steven Brakman |
Publisher | : Cambridge University Press |
Total Pages | : 512 |
Release | : 2001-01-05 |
Genre | : Business & Economics |
ISBN | : 9780521819916 |
Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched "the second monopolistic competition revolution". Experts in the areas of macroeconomics, international trade theory, economic geography, and international growth theory examine the success of the second revolution in this collection of papers. They reveal what appears to be "missing" and look forward to the next step in the modelling of imperfectly competitive markets. The text includes a comprehensive survey of the two monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.
Author | : Paul Anthony Samuelson |
Publisher | : Cambridge University Press |
Total Pages | : 477 |
Release | : 2015 |
Genre | : Business & Economics |
ISBN | : 1107029937 |
This collection of writings by Paul Samuelson illustrates the depth and breadth of his contribution to the history of economics.
Author | : Filippo Cesarano |
Publisher | : Routledge |
Total Pages | : 256 |
Release | : 2012-08-06 |
Genre | : Business & Economics |
ISBN | : 1134098669 |
An objective and perceptive account of the literature of monetary theory, this volume, by a central banker who has studied monetary theory over the last quarter of a century, clearly shows how its inherent complexity is much enriched by the study of its history. In three parts Filippo Cesarano: focuses on the innovative ideas of distinguished economists who anticipated modern theories, elaborating on them along lines that suggest original research programmes examines the impact of expectations on the effectiveness of monetary policy, illustrating how different assumptions within the classical paradigm lead to diverse hypotheses and policy design investigates the role of monetary theory in shaping monetary institutions. Deserving of a wide readership among both academic economists and monetary policy practitioners, this collection of essays is key reading for students and researchers engaged with monetary theory and the history of economics and policy makers seeking to weigh up the assumptions underlying different theories in order to select the models best suited to the problems they face.
Author | : Jamee K. Moudud |
Publisher | : Routledge |
Total Pages | : 362 |
Release | : 2012-10-12 |
Genre | : Business & Economics |
ISBN | : 1136241159 |
The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based their arguments on the claim that markets are imperfectly competitive. On the other hand laissez faire advocates have argued the opposite by claiming that in fact free market policies will eliminate "market imperfections" and reinvigorate perfect competition. The goal of this book is to enter into this important debate by raising critical questions about the nature of market competition. Drawing on the insights of the classical political economists, Schumpeter, Hayek, the Oxford Economists’ Research Group (OERG) and others, the authors in this book challenge this perfect versus imperfect competition dichotomy in both theoretical and empirical terms. There are important differences between the theoretical perspectives of several authors in the broad alternative theoretical tradition defined by this book; nevertheless, a unifying theme throughout this volume is that competition is conceptualized as a dynamic disequilibrium process rather than the static equilibrium state of conventional theory. For almost all the others the growth of firm is consistent with a heightened degree of competitiveness, as both Marx and Schumpeter emphasized, and not a lowered one as in the conventional 'monopoly capital' view.
Author | : Yehia E. Elmogahzy |
Publisher | : Woodhead Publishing |
Total Pages | : 462 |
Release | : 2019-08-15 |
Genre | : Technology & Engineering |
ISBN | : 0081024886 |
Engineering Textiles: Integrating the Design and Manufacture of Textile Products, Second Edition is a pioneering guide to textile product design and development, enabling the reader to understand essential principles, concepts, materials and applications. This new edition is updated and expanded to include new and emerging topics, design concepts and technologies, such as sustainability, the use of nanotechnology, and wearable textiles. Chapters cover the essential concepts of fiber-to-fabric engineering, product development and design of textile products, different types of fibers, yarns and fabrics, the structure, characteristics and design of textiles, and the development of products for specific applications, including both traditional and technical textiles. This book is an innovative and highly valuable source of information for anyone engaged in textile product design and development, including engineers, textile technologists, manufacturers, product developers, and researchers and students in textile engineering. Presents an integrated approach to textile product design and development Guides the reader from initial principles and concepts, to cutting-edge applications Includes cutting-edge design concepts and major new technologies
Author | : Murray C. Kemp |
Publisher | : Routledge |
Total Pages | : 241 |
Release | : 2008 |
Genre | : International trade |
ISBN | : 1134073194 |
Pt. 1. The classical theory of international trade -- pt. 2. The neo-classical theory of international trade -- pt. 3. Normative trade theory -- pt. 4. Methodology.
Author | : Michel De Vroey |
Publisher | : Cambridge University Press |
Total Pages | : 451 |
Release | : 2016-01-08 |
Genre | : Business & Economics |
ISBN | : 0521898439 |
This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.
Author | : Gerard de Valence |
Publisher | : Routledge |
Total Pages | : 233 |
Release | : 2010-11-10 |
Genre | : Architecture |
ISBN | : 1134153694 |
Modern construction economics has a wider focus than was previously the case, with stronger links to mainstream economics reflecting increasing interest in a range of theoretical issues. This book brings together the essential reviews of this trend and pushes towards the development of a comprehensive theoretical framework for construction economics.
Author | : Toru Kikuchi |
Publisher | : Routledge |
Total Pages | : 233 |
Release | : 2011-05-19 |
Genre | : Business & Economics |
ISBN | : 1136805575 |
Advances in digital technology have driven large decreases in the costs of data transfer and telecommunications. There is a consequent increase in many kinds of international trade. One of the fastest-growing parts of this industry is "remote maintenance" whereby Indian companies debug software for companies in other parts of the world, often taking advantage of time zone differences to offer overnight service. In the existing literature on trade theory, however, relatively few attempts have been made to address the theme of communications networks and the role of time zones. The main purpose of this book is to illustrate, with simple models of international trade, how the introduction of communications networks and the utilization of time zone differences can affect both the structure of international trade and world welfare. Other technological aspects of recent international trade (e.g., competition between international standards, the impact of switching costs on imported products’ introduction) are also examined. Although a focus on theoretical trade models, the book will appeal to scholars, policy makers and business units who wish to learn from the recent changes in communications networks and its impact on the global economy. It provides information and suggestions for better policy formulation in the fast-changing world economy.