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Market Classifications in Modern Price Theory

Joe S. Bain
The Quarterly Journal of Economics
Vol. 56, No. 4 (Aug., 1942), pp. 560-574
Published by: Oxford University Press
DOI: 10.2307/1883410
Stable URL: http://www.jstor.org/stable/1883410
Page Count: 15
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Market Classifications in Modern Price Theory
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Abstract

Three elements in price theory, 560.--Shortcomings of contemporary price theory: The Robinsonian theory, 562; the Chamberlinian theory, 565.--Neglected market characteristics, 568.--Suggested classification of markets, 569.--Comment on such classifications, 572.--Suggested lines of development, 574.

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