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Chamberlin without differentiation: Soft-capacity constrained price competition with free entry

Marie-Laure Cabon-Dhersin 1 Nicolas Drouhin 2, 3
1 CREAM - Centre de Recherche en Economie Appliquée à la Mondialisation
2 CREM - Centre de recherche en économie et management
3 UNICAEN UFR SEGGAT - Université de Caen Normandie - UFR de Sciences Économiques, Gestion, Géographie et Aménagement des Territoires
Abstract : We show that the long-term properties of price and cost in Chamberlin's (1933) monopolistic competition model can be reproduced with a soft-capacity constrained price competition oligopoly model for a homogeneous good with free entry.
Keywords : price competition soft-capacity constraint free entry U-shaped cost function monopolistic competition Chamberlin
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Preprints, Working Papers, ...
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https://halshs.archives-ouvertes.fr/halshs-03378500
Contributor : Nicolas Drouhin Connect in order to contact the contributor
Submitted on : Thursday, October 14, 2021 - 4:15:25 PM
Last modification on : Saturday, October 23, 2021 - 6:32:30 PM
Long-term archiving on: : Saturday, January 15, 2022 - 7:23:47 PM

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  • HAL Id : halshs-03378500, version 1

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Marie-Laure Cabon-Dhersin, Nicolas Drouhin. Chamberlin without differentiation: Soft-capacity constrained price competition with free entry. 2021. ⟨halshs-03378500⟩

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