Description: Monopolistic Competition and Effective Demand, Hardcover by Nikaido, Hukukane, ISBN 0691644896, ISBN-13 9780691644899, Brand New, Free shipping in the US
While traditional price theory has successfully elucidated national income distribution in a perfectly competitive economy, little is known today about the overall working of a noncompetitive economy. This book moves to remedy the imbalance by sketching a general equilibrium theory of a noncompetitive economy.
Developing his theory in the world of the standard Leontief system, Hukukane Nikaido attempts to construct objective demand functions reflecting the interdependence of economic agents in the real world upon which the monopolists control of prices or output ultimately depends.
Originally published in 1975.
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Book Title: Monopolistic Competition and Effective Demand
Number of Pages: 160 Pages
Language: English
Publication Name: Monopolistic Competition and Effective Demand. (Psme-6)
Publisher: Princeton University Press
Publication Year: 2016
Item Height: 0.6 in
Subject: Economics / Macroeconomics, Economics / General, Econometrics, Economics / Theory
Type: Textbook
Item Weight: 14 Oz
Item Length: 9.4 in
Subject Area: Business & Economics
Author: Hukukane Nikaido
Series: Princeton Studies in Mathematical Economics Ser.
Item Width: 6.4 in
Format: Hardcover