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Paperback Monopolistic Competition and Effective Demand. (Psme-6) Book

ISBN: 0691617791

ISBN13: 9780691617794

Monopolistic Competition and Effective Demand. (Psme-6)

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Format: Paperback

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Book Overview

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...

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