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Monopoly Power and Endogenous Product Variety: Distortions and Remedies

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NBER2008-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14383
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The inefficiencies related to endogenous product creation and variety under monopolistic competition are two-fold: one staticthe misalignment between consumers and producers regarding the value of a new variety; and one dynamictime variation in markups. Quantitatively, the welfare costs of the
提供机构:
美国国家经济研究局
创建时间:
2008-10-01
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