monopolistic competition

Also found in: Dictionary/thesaurus, Financial, Wikipedia

0.01 sec.

monopolistic competition

Market situation in which many independent buyers and sellers may exist but competition is limited by specific market conditions. The theory was developed almost simultaneously by Edward Hastings Chamberlin in his Theory of Monopolistic Competition (1933) and Joan V. Robinson in her Economics of Imperfect Competition (1933). It assumes product differentiation, a situation in which each seller's goods have some unique properties, thereby giving the seller some monopoly power. See also monopoly; oligopoly.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback

Mentioned in	?		References in periodicals archive	?		Encyclopedia browser	?		Full browser	?
No references found			Chinese beer industry is developing towards monopolistic competition and oligarch competition. Research Report on Chinese Beer Industry in 2009 by Kate Chen / Food and beverage industries community Some specific areas addressed include monopolistic competition and trade, the extent and impact of non-tariff barriers in rich countries, China's horticultural trade patterns, credit guarantees for wheat exports, the implications of US rice export promotion programs in Latin America, and endogenous trade protection in the Mexican corn market. International agricultural trade and development compendium; v.1 by Reference & Research Book News I had been reading Edward Chamberlin's Theory of Monopolistic Competition (1933), a book that had become a mainstay of industrial organization theory during the 1950s. Succeeding in economics by Demsetz, Harold / American Economist			Monophlebinae monophonic monophonic sound Monophonic Sound Recording monophony monophyletic Monophyletism monophyodont Monophyodontism Monophysite heresy Monophysites Monophysitism monopinch Monopisthocotylea Monoplacophora Monoplane monoplegia monoploid monopodial Monopodial Branching monopodium monopole monopole antenna Monopolies, Capitalist Monopolies, International monopolistic competition Monopolistic Competition, Theory of monopoly Monopoly of Foreign Trade Monopoly Price Monopoly Profit Monopoly Rent Monoposthioidea Monoposto monopotassiuml-glutamate monopropellant monoprotic acid monopsony monopteron Monopulse Radar Monopylina monopyroxene clinoaugite Monorail monorchid Monorhina monorhinal Monorhyme monosaccharide Monosaccharides Monoscope Monosigales			Monopolio Statale monopolisation monopolisation monopolise monopolise monopolised monopolised monopoliser monopoliser monopolisers monopolisers monopolises monopolises monopolising monopolising monopolism monopolism monopolism monopolism monopolism monopolist monopolist monopolist monopolist monopolist monopolistic monopolistic monopolistic monopolistic monopolistic monopolistic competition Monopolistic Competition, Theory of monopolistic organization monopolistically monopolistically monopolistically monopolistically monopolistically monopolists monopolists monopolists monopolists Monopolite monopolium monopolization monopolization monopolization monopolization monopolize monopolize monopolize monopolize monopolize the thoughts Monopolize Your Marketplace monopolized monopolized monopolized monopolized monopolizer monopolizer monopolizers

Encyclopedia

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.