Trade and the Gains from Trade in the Presence of Decreasing Costs and Imperfect Competition

Author(s):  
Mary E. Lovely ◽  
Devashish Mitra
2005 ◽  
pp. 41-47 ◽  
Author(s):  
N. Yegorenkov ◽  
E. Kazakova ◽  
M. Starodubtseva

The phase model of market economy is suggested in the article. It is formalized in the cubical equation The equation takes into account the imperfections of competition and the fact that consumer goods are produced with the help of means of production. Transitions from the imperfect competition to the perfect one and visa versa yield qualitative status change of market economy.


Author(s):  
Erhan Artuc ◽  
Gladys Lopez-Acevedo ◽  
Raymond Robertson ◽  
Daniel Samaan
Keyword(s):  

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