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Socially Optimal Product Differentiation
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This article is published in The American Economic Review.The article was published on 1975-01-01 and is currently open access. It has received 296 citations till now. The article focuses on the topics: Product differentiation.read more
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Monopolistic competition with outside goods
TL;DR: In this article, a model of spatial competition in which a second commodity is explicitly treated is presented, and it is shown that a zero-profit equilibrium with symmetrically located firms may exhibit rather strange properties.
Journal ArticleDOI
Globalization and the gains from variety
TL;DR: This article showed that the import of new product varieties has contributed to national welfare gains in the United States over the last three decades (1972-2001) by increasing the number of imported product varieties by a factor of four.
Book
Advanced International Trade : Theory and Evidence Ed. 2
TL;DR: The Advanced International Trade (AIT) as discussed by the authors is a classic graduate textbook in international trade that has been used widely by students and practitioners of economics for a long time to come.
Journal ArticleDOI
Globalization and the Gains from Variety
TL;DR: This article showed that the import of new product varieties has contributed to national welfare gains in the United States over the last three decades (1972-2001) by increasing the number of imported product varieties by a factor of four.
Journal ArticleDOI
Intra-industry trade under perfect monopolistic competition*
TL;DR: In this paper, the authors apply the analysis of perfect monopolistic competition to the problem of intra-industry trade and show that a high volume of intra industry trade can be expected even between economies which are identical in all respects and thus between which no trade would be predicted on the basis of comparative advantage.