On the Foundations of Monopolistic Competition and Economic Geography: The Selected Essays of B. Curtis Eaton and Richard G. Lipsey (Economists of the Twentieth Century)

This text addresses product differentiation, including spatial differentiation and the industrial structures that give rise to this phenomenon. It opens with an overview essay and explains why the authors reject the neoclassical, competitive vision of the economy. The essays included cover the theory of multinational plant location; monopoly; models of value theory; the theory of market pre-emption; product differentiation; capital with special reference to entry and exit barriers and entry equilibrium; and the existence of pure profit.