Monopolistic competition model with different technological innovation and consumer utility levels

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8 Citations (Scopus)

Abstract

We consider a monopolistic competition model with the endogenous choice of technology. We study the impact of technological innovation on the equilibrium and socially optimal variables. We obtained the comparative statics of the equilibrium and socially optimal solutions with respect to the technological innovation parameter and utility level parameter.

Original languageEnglish
Pages (from-to)108-114
Number of pages7
JournalCEUR Workshop Proceedings
Volume1987
Publication statusPublished - 1 Jan 2017

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