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Dixit Stiglitz (1977) - Monopolistic Competition And Optimum Product Diversity (view source)
Revision as of 18:52, 19 June 2010
, 18:52, 19 June 2010→Market Behaviour
:<math>\frac{dx_i}{dp_i} = -\frac{1}{1-\rho} (\frac{q}{p_i})^{\frac{1}{1-\rho}} \frac{y}{p_i}\,</math>
:<math>n^* = \left( \frac{c u_{x_0}}{\rho u_y} \right)^{\rho}{1-\rho}\,</math>
===A Planner's solution===