Competing Products and Monopolistic Competition

Morris A. Copeland

The Quarterly Journal of Economics, 1940, vol. 55, issue 1, 1-35

Abstract: Scope and method, 1. — Two special cases: (1) spatial competition in one dimension, 2; entry into the market, 8; (2) brand and specification competition in one dimension, 12; entry into the market, 15. — Comparison between these two types of competition, 17. — Quality competition in four dimensions, 18. — The species market and the genus market, 18. — Comparison with Chamberlin's treatment, 19. — Entry into a genus market, 20. — Absorption of delivery charges, 22. — The difference between plant and enterprise, 24. — Price differentials and product diversification, 24. — The scale of output, 28. — The perfect competitive market: three assumptions of monopolistic competition, 28. — Conditions needed in order to establish a perfect competitive market, 30. — Perfect competition contrasted with monopolistic competition, 32. — Implications of the theory of monopolistic competition which remain to be explored, 34.

Date: 1940
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