Monopolistic competition, transaction costs and multiple equilibria

DOI10.1016/J.ECONLET.2004.08.010MaRDI QIDQ1927780zbMATH OpenOpenAlexFDO

Authors Ludovic A. Julien, Nicolas Sanz

Publication date 2 January 2013

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2004.08.010

zbMATH Keywords

increasing returnsmonopolistic competitionmultiple equilibriatrading costsunemployment

Mathematics Subject Classification ID

Trade models (91B60) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• Monopolistic competition, increasing returns, and self-fulfilling prophecies
• Multiple Expectational Equilibria under Monopolistic Competition

Cited in

(8)

• Multiple equilibria in a growth model with monopolistic competition
• Multiple Expectational Equilibria under Monopolistic Competition
• Legal and Illegal Production and Trade Under Monopoly with Transaction Cost
• MONOPOLISTIC COMPETITION MODEL WITH ENTRANCE FEE
• The impact of market size on multi-product firms' concentration in a monopolistic competition model
• Scale economies and existence of sustainable monopoly prices
• The indeterminacy of equilibrium city formation under monopolistic competition and increasing returns
• Coase theorem, complexity and transaction costs

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