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Market Classifications in Modern Price Theory

Joe S. Bain

The Quarterly Journal of Economics, 1942, vol. 56, issue 4, 560-574

Abstract: Three elements in price theory, 560. — Shortcomings of contemporary price theory: the Robinsonian theory, 562; the Chamberlinian theory, 565. — Neglected market characteristics, 568. — Suggested classification of markets, 569. — Comment on such classifications, 572. — Suggested lines of development, 574.

Date: 1942
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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