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Synopsis
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 The text includes a comprehensive survey of the two monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.
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Book Description
A seminal paper by Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched 'the second monopolistic competition revolution'. In this collection of original essays experts in the fields of macroeconomics, international trade theory, economic geography, and international gr owth theory examine the success of the second revolution, what is missing, and look forward to the next step in the modelling of imperfectly competitive markets.
About the Author
Steven Brakman is Professor of International Economics at the University of Groningen, the Netherlands. He is co-author of The Economics of International Transfers (with C. van Marrewijk, 1998) and An Introduction to Geographical Economics (with C. van Marrewijk, H. Garretsen, 2001). Ben Heijdra is Professor of Macroeconomics at the University of Groningen, the Netherlands. He is the co-author (with Frederick van der Ploeg) of Foundations of Modern Economics (2002).
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- PublisherCambridge University Press
- Publication date2011
- ISBN 10 1107402433
- ISBN 13 9781107402430
- BindingPaperback
- LanguageEnglish
- Number of pages510
- EditorBrakman Steven, Heijdra Ben J.
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The Monopolistic Competition Revolution in Retrospect (Paperback)
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Paperback. Condition: new. Paperback. In 1977 a seminal paper was published by Avinash Dixit and Joseph Stiglitz that revolutionized the modeling of imperfectly competitive markets. It launched what might be called the second monopolistic competition revolution, which has been far more successful than the first one, initiated by Edward Chamberlin and Joan Robinson in the 1930s. In this 2003 collection of essays experts in the fields of macroeconomics, international trade theory, economic geography, and international growth theory address the question of why the second revolution was so successful. They also highlight what is missing, and look forward to the next step in the modeling of imperfectly competitive markets. The 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. With contributions from Dixit, Ethier, Neary and Stiglitz amongst others, this collection will excite interest amongst researchers, advanced students and economists. 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. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781107402430
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