Markups and the number of firms in a simple model of imperfect competition

DOI10.1016/J.ECONLET.2012.04.005zbMATH Open1253.91078OpenAlexW2094662759MaRDI QIDQ694880FDOQ694880

Authors: Cheng-Wei Chang, Ching-Chong Lai 

Publication date: 19 December 2012

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2012.04.005

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zbMATH Keywords

monopolistic competitionmarket powerendogenous entry

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• Macroeconomic Effects of Regulation and Deregulation in Goods and Labor Markets

Cited In (5)

• Why economics text books must not contain the standard theory of the firm any more
• The impact of competition on prices with numerous firms
• Price-setting behaviour, competition, and markup shocks in the New Keynesian model
• Firm dynamics and markup variations: Implications for sunspot equilibria and endogenous economic fluctuations
• Wage bargaining, imperfect competition and the markup:

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