On the definition of monopoly and selection of product characteristics

V. Kerry Smith

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This paper considers the implications of the definition of monopoly for models of firm behavior in the selection of product variety. The results suggest that one's conception of a monopoly structure can influence the conclusions derived on the implications of market structure for product characteristics.

Original languageEnglish (US)
Pages (from-to)11-15
Number of pages5
JournalEconomics Letters
Volume7
Issue number1
DOIs
StatePublished - 1981
Externally publishedYes

Fingerprint

Monopoly
Product characteristics
Market structure
Firm behavior
Product variety
Conception

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

On the definition of monopoly and selection of product characteristics. / Smith, V. Kerry.

In: Economics Letters, Vol. 7, No. 1, 1981, p. 11-15.

Research output: Contribution to journalArticle

Smith, V. Kerry. / On the definition of monopoly and selection of product characteristics. In: Economics Letters. 1981 ; Vol. 7, No. 1. pp. 11-15.
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