Chamberlin, Edward Hastings

▪ American economist
born May 18, 1899, La Conner, Washington, U.S.
died July 16, 1967, Cambridge, Massachusetts

      American economist known for his theories on industrial monopolies and competition (monopoly and competition).

      Chamberlin studied at the University of Iowa, where he was influenced by economist Frank H. Knight (Knight, Frank Hyneman). He pursued graduate work at the University of Michigan and in 1927 obtained his Ph.D. from Harvard University, where he stayed for the rest of his academic career. His doctoral thesis became the basis for Theory of Monopolistic Competition (1933), a book that spurred discussion of competition, especially between firms whose consumers have preferences for particular products and firms that control the prices of their products without being monopolists.

      The solutions that Chamberlin proposed are similar to those put forth by British economist Joan Robinson (Robinson, Joan) at the University of Cambridge, whose book was published a few months after Chamberlin's. Chamberlin's work offers the deepest insight into the workings of an economy in which firms actively compete by advertising, seeking locational advantage, and differentiating their products. Indeed, Chamberlin is the economist who coined the term product differentiation.

      One of the implications of Chamberlin's model is that firms in a monopolistically competitive industry will be “too small” relative to their size if they do not differentiate their products. Chamberlin himself, however, considered small size a necessity if consumers are to have the variety they desire.

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  • Edward Hastings Chamberlin — Saltar a navegación, búsqueda Edward Hastings Chamberlin (* 1899; † 1967) fue profesor en la universidad de Harvard. En su obra The Theory of Monopolistic Competition defiende la idea de que el mercado real se encuentra entre los modelos de… …   Wikipedia Español

  • Edward Hastings Chamberlin — (* 18. Mai 1899 in La Conner, Washington; † 16. Juli 1967) war ein an der Harvard Universität lehrender US amerikanischer Nationalökonom. In seinem Werk The Theory of Monopolistic Competition vertritt Chamberlin die Meinung, dass der reale Markt… …   Deutsch Wikipedia

  • Edward chamberlin — Edward Hastings Chamberlin (* 18. Mai 1899 in La Conner, Washington; † 16. Juli 1967) war ein an der Harvard Universität lehrender US amerikanischer Nationalökonom. In seinem Werk The Theory of Monopolistic Competition vertritt Chamberlin die… …   Deutsch Wikipedia

  • Edward Chamberlin — Edward Hastings Chamberlin (May 181899 1967) was an American economist. He was born in La Conner, Washington. Chamberlin studied first at the University of Iowa (where he was influenced by Frank H. Knight), then pursued graduate level studies at… …   Wikipedia

  • Edward Chamberlin — Edward Hastings Chamberlin (1899 1967) était un économiste américain né à La Conner, Washington. Chamberlin étudia d abord à l université d Iowa (sous l influence de Frank H. Knight), il fut par la suite diplômé de l université du Michigan, et… …   Wikipédia en Français

  • Chamberlin — ist der Familienname folgender Personen: Beth Chamberlin (* 1963), US amerikanische Schauspielerin Clarence Duncan Chamberlin (1893–1976), US amerikanischer Flieger Edward Hastings Chamberlin (1899–1967), US amerikanischer Nationalökonom Guy… …   Deutsch Wikipedia

  • Chamberlin —   [ tʃeɪmbəlɪn], Edward Hastings, amerikanischer Volkswirtschaftler, * La Conner (Washington) 18. 5. 1899, ✝ Cambridge (Massachusetts) 16. 7. 1967; seit 1937 Professor an der Harvard University, entwickelte die Theorie des monopolistischen… …   Universal-Lexikon

  • Chamberlin — Edward Hastings, 1899–1967, amerikanischer Nationalökonom, der in Harvard studierte, dort berufen wurde und bis zum Lebensende lehrte. Seine Dissertation aus dem Jahre 1927 enthält bereits alle Elemente des Werkes, das ihn berühmt machte: „The… …   Lexikon der Economics

  • Эдвард Гастингс Чемберлен — CHAMBERLIN, EDWARD HASTINGS (1899 1967) Американский экономист, один из основоположников теории монополистической конкуренции. Ученые экономисты описывали две модели рынка: рынок совершенной конкуренции, на котором продукты являются абсолютными… …   Словарь-справочник по экономике

  • Liste der Biografien/Cha — Biografien: A B C D E F G H I J K L M N O P Q …   Deutsch Wikipedia

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