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Competing Products and Monopolistic Competition

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  • Morris A. Copeland

Abstract

Scope and method, 1. — Two special cases: (1) spatial competition in one dimension, 2; entry into the market, 8; (2) brand and specification competition in one dimension, 12; entry into the market, 15. — Comparison between these two types of competition, 17. — Quality competition in four dimensions, 18. — The species market and the genus market, 18. — Comparison with Chamberlin's treatment, 19. — Entry into a genus market, 20. — Absorption of delivery charges, 22. — The difference between plant and enterprise, 24. — Price differentials and product diversification, 24. — The scale of output, 28. — The perfect competitive market: three assumptions of monopolistic competition, 28. — Conditions needed in order to establish a perfect competitive market, 30. — Perfect competition contrasted with monopolistic competition, 32. — Implications of the theory of monopolistic competition which remain to be explored, 34.

Suggested Citation

  • Morris A. Copeland, 1940. "Competing Products and Monopolistic Competition," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 55(1), pages 1-35.
    • Handle: RePEc:oup:qjecon:v:55:y:1940:i:1:p:1-35.
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    File URL: http://hdl.handle.net/10.2307/1881664
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    Cited by:

    1. Jean-Sébastien Lenfant, 2017. "Early Debates on Quality, Market Coordination and Welfare in the U.S. in the 1930s," Working Papers hal-01763828, HAL.
    2. John G. Greenhut & Dean H. Smith, 1993. "An Operational Model For Spatial Price Theory," The Review of Regional Studies, Southern Regional Science Association, vol. 23(2), pages 115-128, Fall.
    3. Luca Fiorito, 2009. "The Institutionalists’ Reaction to Chamberlin’s 'Theory of Monopolistic Competition'," Department of Economics University of Siena 560, Department of Economics, University of Siena.

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