Screen LibraryMonopolistic competition and effective demand. (PSME-6) /
While traditional price theory has successfully elucidated national income distribution in a perfectly competitive economy, little is known today about the overall working of a noncompetitive economy. This book moves to remedy the imbalance by sketching a general equilibrium theory of a noncompetiti...
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| Main Authors: | |
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| Published: |
Princeton University Press,
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| Publisher Address: | Princeton, N.J. : |
| Publication Dates: |
[2015] ©2015 |
| Literature type: | eBook |
| Language: | English |
| Subjects: | |
| Online Access: |
http://dx.doi.org/10.1515/9781400870547 http://www.degruyter.com/doc/cover/9781400870547.jpg |
| Summary: |
While traditional price theory has successfully elucidated national income distribution in a perfectly competitive economy, little is known today about the overall working of a noncompetitive economy. This book moves to remedy the imbalance by sketching a general equilibrium theory of a noncompetitive economy.Developing his theory in the world of the standard Leontief system, Hukukane Nikaido attempts to construct objective demand functions reflecting the interdependence of economic agents in the real world upon which the monopolist's control of prices or output ultimately depends.Originally published in 1975.The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. |
| Carrier Form: | 1 online resource(160pages) : illustrations |
| ISBN: | 9781400870547 |
| Index Number: | HB221 |
| CLC: | F224-53 |
| Contents: |
Frontmatter -- Preface -- Contents -- Chapter I. Monopolistic Competition and General Equilibrium -- Chapter II. Surplus Value in the Leontief System -- Chapter III. Objective Demand Functions -- Chapter IV. Monopolistically Competitive Pricing Modes and the Objective Demand Functions -- Chapter V. Welfare Aspects of the Price Mechanism -- Chapter VI. Objective Demand Functions in the Presence of Capacity Limits -- Chapter VII. Monopolistically Competitive Pricing Modes and the Objective Demand Functions, Continued -- Chapter VIII. Welfare Aspects of the Price Mechanism, Continued -- Provisional Epilogue -- Appendix -- References -- Index -- Backmatter. |