Monopolistic competition, transaction costs and multiple equilibria

DOI10.1016/J.ECONLET.2004.08.010zbMath1254.91386OpenAlexW1999153955MaRDI QIDQ1927780

Ludovic A. Julien, Nicolas Sanz

Publication date: 2 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2004.08.010

zbMATH Keywords

multiple equilibriaunemploymentincreasing returnsmonopolistic competitiontrading costs

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Trade models (91B60)

Cites Work

• Monopolistic competition, increasing returns, and self-fulfilling prophecies
• Multiple Expectational Equilibria under Monopolistic Competition

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