Description
Book SynopsisWhile traditional price theory has successfully elucidated national income distribution in a perfectly competitive economy, little is known today about the overall working of a noncompetitive economy. This book moves to remedy the imbalance by sketching a general equilibrium theory of a noncompetitive economy. Developing his theory in the world of
Table of Contents*Frontmatter, pg. i*Preface, pg. v*Contents, pg. vii*Chapter I. Monopolistic Competition and General Equilibrium, pg. 1*Chapter II. Surplus Value in the Leontief System, pg. 17*Chapter III. Objective Demand Functions, pg. 30*Chapter IV. Monopolistically Competitive Pricing Modes and the Objective Demand Functions, pg. 60*Chapter V. Welfare Aspects of the Price Mechanism, pg. 74*Chapter VI. Objective Demand Functions in the Presence of Capacity Limits, pg. 83*Chapter VII. Monopolistically Competitive Pricing Modes and the Objective Demand Functions, Continued, pg. 107*Chapter VIII. Welfare Aspects of the Price Mechanism, Continued, pg. 124*Provisional Epilogue, pg. 139*Appendix, pg. 141*References, pg. 145*Index, pg. 149