Monopolistic Competition in a Large Economy

Authors

  • Tapan Biswas

DOI:

https://doi.org/10.15353/rea.v4i1.1539

Abstract

Fort a small economy, the equilibrium under monopolistic competition may not be Pareto optimal. The paper deals with the condition for the existence and Pareto optimality of equilibrium under monopolistic competition in a large economy with differentiated products.

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Published

2012-05-22

Issue

Section

Articles