First used in the 1930s by economists Edward Chamberlin and Joan Robinson, the term "monopolistic competition" refers to a market structure in which many businesses provide a product or service, but ...

Learn about monopolistic state funds, government-operated insurance solutions required in some states to address workers' ...

I study product-quality innovation under monopolistic competition with variable demand elasticity preferences and variable marginal cost. I characterize the free-entry equilibrium and the market size ...