American Economic Review Vol. 77 No. 5 1987
The Simple Analytics of Competitive Equilibrium with Multiproduct Firms
Abstract
A model of free-entry perfectly competitive markets in which firms may produce more than one product is developed. The formulation is very simple and closely parallels the classic single-product model, the goal being to provide a useful, accessible tool for applications-oriented research. Examples of the kind of analysis made possible by the model, and simple extensions of it, are presented.
- Volume
- 77
- Issue
- 5
- Pages
- 941-953
- Sources
- bibtex:phds-export.bib