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- Q5069619 subject Q7465332.
- Q5069619 abstract "In Chamberlinian monopolistic competition each firm has some monopoly power, but entry drives monopoly profits to zero. The concept gets its name from Edward Chamberlin.One example where Chamberlinian monopolistic competition can be experienced is the book market. A publisher has a factual monopoly over certain titles via intellectual property rights. A book is an experience good and finding perfect legal substitutes on the market as long as the publisher rights are in effect is impossible. This however doesn't lead to high monopoly profits on any particular titles as close substitutes still remain. A best-seller cookbook for Asian cuisine still competes with other cookbooks about Asian cuisine as well as the whole cookbook genre.".
- Q5069619 wikiPageWikiLink Q1292495.
- Q5069619 wikiPageWikiLink Q131257.
- Q5069619 wikiPageWikiLink Q379579.
- Q5069619 wikiPageWikiLink Q3972943.
- Q5069619 wikiPageWikiLink Q43637.
- Q5069619 wikiPageWikiLink Q7465332.
- Q5069619 wikiPageWikiLink Q822713.
- Q5069619 comment "In Chamberlinian monopolistic competition each firm has some monopoly power, but entry drives monopoly profits to zero. The concept gets its name from Edward Chamberlin.One example where Chamberlinian monopolistic competition can be experienced is the book market. A publisher has a factual monopoly over certain titles via intellectual property rights. A book is an experience good and finding perfect legal substitutes on the market as long as the publisher rights are in effect is impossible.".
- Q5069619 label "Chamberlinian monopolistic competition".