Monopolist's mark-up and the elasticity of substitution

MaRDI QIDQ4577918zbMATH OpenFDO

Authors Ilko Vrankić, Mira Krpan, Tomislav Herceg

Publication date 6 August 2018

Full work available at URL https://hrcak.srce.hr/ojs/index.php/crorr/article/view/4564

zbMATH Keywords

elasticity of substitutionmark-upmonopolistprofit maximization

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Recommendations

• Toward a theory of monopolistic competition
• A homothetic utility function for monopolistic competition models, without constant price elasticity.
• Monopolistic competition: beyond the constant elasticity of substitution
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• Effect of price elasticity of demand in monopolies with gradient adjustment

Cites work

• scientific article; zbMATH DE number 3827527 (Why is no real title available?)
• Microeconomic theory
• Testing price taking behavior

Cited in

(1)

• Duality in the analysis of monopsony in the labor market

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