Matches in Harvard for { <http://id.lib.harvard.edu/aleph/003990391/catalog> ?p ?o. }
Showing items 1 to 27 of
27
with 100 items per page.
- catalog abstract "In the 1920s, when the world economy began to show signs of crisis, a number of leading economists questioned the ability of a free-market economy to ensure automatic stability. They were also dissatisfied with the claim of theoretical orthodoxy that a firm's output was limited by its production costs rather than by consumer demand. Economists such as Piero Sraffa, Joan Robinson, and Edward Chamberlin thus began to develop monopolistic competition theory in order to raise theory's empirical relevance as well as its analytical sharpness. Economist Jan Keppler traces the development of monopolistic competition theory within the context of the political, economic, and historical developments of its time. With its combination of theoretical progress, intuitive realism, and the ability to address the pressing problems of economic instability and unemployment, monopolistic competition theory became the generally accepted foundation of microeconomic reasoning in the 1930s. It provided, at times, arguments for market intervention and income redistribution. After World War II, monopolistic competition theory proved to be vulnerable to the methodological criticisms of the Chicago school's Milton Friedman and George Stigler (due to its inability to cope with the new demands of mathematical tractability of comparative equilibrium economics) and was largely abandoned. Most recently, though, a series of new approaches has drawn increased attention to the ability of monopolistic competition theory to combine practical relevance and theoretical elegance in explaining the real economy.".
- catalog contributor b5745270.
- catalog created "c1994.".
- catalog date "1994".
- catalog date "c1994.".
- catalog dateCopyrighted "c1994.".
- catalog description "After World War II, monopolistic competition theory proved to be vulnerable to the methodological criticisms of the Chicago school's Milton Friedman and George Stigler (due to its inability to cope with the new demands of mathematical tractability of comparative equilibrium economics) and was largely abandoned.".
- catalog description "Economist Jan Keppler traces the development of monopolistic competition theory within the context of the political, economic, and historical developments of its time. With its combination of theoretical progress, intuitive realism, and the ability to address the pressing problems of economic instability and unemployment, monopolistic competition theory became the generally accepted foundation of microeconomic reasoning in the 1930s.".
- catalog description "Economists such as Piero Sraffa, Joan Robinson, and Edward Chamberlin thus began to develop monopolistic competition theory in order to raise theory's empirical relevance as well as its analytical sharpness.".
- catalog description "In the 1920s, when the world economy began to show signs of crisis, a number of leading economists questioned the ability of a free-market economy to ensure automatic stability. They were also dissatisfied with the claim of theoretical orthodoxy that a firm's output was limited by its production costs rather than by consumer demand.".
- catalog description "Includes bibliographical references (p. [197]-211) and index.".
- catalog description "It provided, at times, arguments for market intervention and income redistribution.".
- catalog description "Most recently, though, a series of new approaches has drawn increased attention to the ability of monopolistic competition theory to combine practical relevance and theoretical elegance in explaining the real economy.".
- catalog description "pt. 1. Introduction. Ch. 2. Elements of Monopolistic Competition Theory -- pt. II. Historical and Ideological Background. Ch. 3. Germany. Ch. 4. Italy. Ch. 5. Great Britain. Ch. 6. The United States -- pt. III. The Development of Monopolistic Competition Theory. Ch. 7. Origins. Ch. 8. Sraffa and Young. Ch. 9. Consequences. Ch. 10. A First Synthesis. Ch. 11. Discussion and Refinement. Ch. 12. A Loss in Vigor. Ch. 13. Ending without Conclusion -- pt. IV. The Synthesis That Never Was: Keynesianism and Monopolistic Competition Theory. Ch. 14. Issues. Ch. 15. Modern Perspectives. Ch. 16. The Riddle of Keynes's Microeconomics. Ch. 17. How the Chance Was Missed: Keynesians after Keynes -- pt. V. The Legacy. Ch. 18. Political Legacy. Ch. 19. Theoretical Legacy.".
- catalog extent "x, 220 p. ;".
- catalog identifier "080184813X (acid-free paper)".
- catalog issued "1994".
- catalog issued "c1994.".
- catalog language "eng".
- catalog publisher "Baltimore : Johns Hopkins University Press,".
- catalog subject "338.8/2 20".
- catalog subject "HB238 .K46 1994".
- catalog subject "Monopolies".
- catalog subject "Monopolistic competition.".
- catalog tableOfContents "pt. 1. Introduction. Ch. 2. Elements of Monopolistic Competition Theory -- pt. II. Historical and Ideological Background. Ch. 3. Germany. Ch. 4. Italy. Ch. 5. Great Britain. Ch. 6. The United States -- pt. III. The Development of Monopolistic Competition Theory. Ch. 7. Origins. Ch. 8. Sraffa and Young. Ch. 9. Consequences. Ch. 10. A First Synthesis. Ch. 11. Discussion and Refinement. Ch. 12. A Loss in Vigor. Ch. 13. Ending without Conclusion -- pt. IV. The Synthesis That Never Was: Keynesianism and Monopolistic Competition Theory. Ch. 14. Issues. Ch. 15. Modern Perspectives. Ch. 16. The Riddle of Keynes's Microeconomics. Ch. 17. How the Chance Was Missed: Keynesians after Keynes -- pt. V. The Legacy. Ch. 18. Political Legacy. Ch. 19. Theoretical Legacy.".
- catalog title "Monopolistic competition theory : origins, results, and implications / Jan Keppler.".
- catalog type "text".