Monopoly versus competition. The learning by doing case

Chaim Fershtman; Uriel Spiegel

doi:10.1016/0014-2921(83)90025-9

Monopoly versus competition. The learning by doing case

Chaim Fershtman, Uriel Spiegel

Department of Management

Northwestern University

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

This paper studies the monopolistic and perfect competitive market structures, where the production process incorporates learning by doing. This analysis provides conditions under which monopoly is preferred to perfect competition from the consumers' point of view.

Original language	English
Pages (from-to)	217-222
Number of pages	6
Journal	European Economic Review
Volume	23
Issue number	2
DOIs	https://doi.org/10.1016/0014-2921(83)90025-9
State	Published - 1983

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Monopoly versus competition. The learning by doing case

Abstract

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