Special Issue on Monopolistic Competition
Monopolistic Competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding, quality, or location). In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms. In the presence of coercive government, monopolistic competition will fall into government-granted monopoly. Unlike perfect competition, the firm maintains spare capacity. Models of monopolistic competition are often used to model industries.
A monopoly is a firm which is the only one producing and selling a particular product. A natural monopoly is a monopoly in an industry in which it is most efficient (involving the lowest long-run average cost) for production to be concentrated in a single firm. An oligopoly is a market form in which a market or industry is dominated by a small number of sellers. Oligopolies can result from various forms of collusion which reduce competition and lead to higher costs for consumers.
In this special issue, we intend to invite front-line researchers and authors to submit original researches and review articles on exploring monopolistic competition. Potential topics include, but are not limited to:
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Monopoly
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Monopolistic competition
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Oligopoly
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Natural monopoly
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Imperfect competition
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Price competition
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Heterogeneous products
Authors should read over the journal’s Authors’ Guidelines carefully before submission. Prospective authors should submit an electronic copy of their complete manuscript through the journal’s Paper Submission System.
Please kindly notice that the “Special Issue’’ under your manuscript title is supposed to be specified and the research field “Special Issue - Monopolistic Competition” should be chosen during your submission.
According to the following timetable:
Manuscript Due
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January 2nd, 2014
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Publication Date
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March 2014
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Guest Editor:
Prof. Makoto Yano
Kyoto University, Japan
For further questions or inquiries
Please contact Editorial Assistant at
tel@scirp.org