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Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion
The Review of Economic Studies · 1977 · Vol. 44(3) · pp. 493–493
Steven C. Salop✉(Federal Reserve)Joseph E. Stiglitz(Stanford University)
Abstract
Stiglitz and Salop expand on bargains and ripoffs in a model of monopolistically competitive price dispersion.
Consumer Market Behavior and PricingEconomic theories and modelsMerger and Competition AnalysisEconomicsDispersion (optics)Physics
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Journal of Political Economy · 1970 · 5,644 citations
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