“Some aspects of railroad rates” (1922): Edward H. Chamberlin before Harvard, Oligopoly as a First Step to Monopolistic Competition
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TexteLangue : français Détails de publication : 2017.
Sujet(s) : Ressources en ligne : Abrégé : The article focuses on an unpublished manuscript by Edward H. Chamberlin, entitled “Some aspects of railroad rates” from 1922. This essay was written before his admission at Harvard University and just before his work on monopolistic competition. This document contains explicit intuitions announcing the duopoly theory that will be developed later in his doctoral thesis (1927), confirming the importance of his oligopoly theory as a first theoretical step to the idea of product differentiation (1961). Moreover, this alternative reading of his theory tends to underline differences from Joan Robinson’s theory of imperfect competition, usually assumed as alike.
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The article focuses on an unpublished manuscript by Edward H. Chamberlin, entitled “Some aspects of railroad rates” from 1922. This essay was written before his admission at Harvard University and just before his work on monopolistic competition. This document contains explicit intuitions announcing the duopoly theory that will be developed later in his doctoral thesis (1927), confirming the importance of his oligopoly theory as a first theoretical step to the idea of product differentiation (1961). Moreover, this alternative reading of his theory tends to underline differences from Joan Robinson’s theory of imperfect competition, usually assumed as alike.
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