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Journal cover: Journal of Economic Studies

Journal of Economic Studies

ISSN: 0144-3585

Online from: 1974

Subject Area: Economics

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The Theory of Monopolistic Competition: E.H. Chamberlin's Influence on Industrial Organisation Theory over Sixty Years


Document Information:
Title:The Theory of Monopolistic Competition: E.H. Chamberlin's Influence on Industrial Organisation Theory over Sixty Years
Author(s):R. Rothschild, (University of Lancaster, Lancaster, UK)
Citation:R. Rothschild, (1987) "The Theory of Monopolistic Competition: E.H. Chamberlin's Influence on Industrial Organisation Theory over Sixty Years", Journal of Economic Studies, Vol. 14 Iss: 1, pp.34 - 54
Article type:General review
DOI:10.1108/eb002641 (Permanent URL)
Publisher:MCB UP Ltd
Abstract:In 1933, Edward H. Chamberlin published the Theory of Monopolistic Competition (1962). The work, based upon a dissertation submitted for a PhD degree in Harvard University in 1927 and awarded the David A. Wells prize for 1927–28, has since become a milestone in the development of economic thought. Its impact on industrial organisation theory, general equilibrium and welfare economics, international trade theory and, to a greater or lesser degree, all other branches of economic analysis, has been pervasive and enduring. The ideas set out in the book have been developed, expanded and refined in ways too numerous to be identified precisely, and the books and articles which take Chamberlin's contribution as a starting point arguably exceed in number those on any other single subject in the lexicon of economics.


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