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The Role of Trade Associations in the Determination of Prices

Published online by Cambridge University Press:  07 November 2014

V. W. Bladen
V. W. Bladen*
Affiliation:
The University of Toronto
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Abstract

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Type
Notes and Memoranda
Information
Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 4 , Issue 2 , May 1938 , pp. 223 - 227
Copyright
Copyright © Canadian Political Science Association 1938

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References

1 King's Printer, Ottawa, 1938. Pp. 308. (75c.)

2 See Chamberlin, E. H., The Theory of Monopolistic Competition (Cambridge, Mass., 1933)Google Scholar, where the theory of duopoly is discussed, and used in the discussion of equilibrium “in the small group”. This explicit recognition of the problem is greatly preferred to the method of Mrs.Robinson, who, in The Economics of Imperfect Competition (London, 1933)Google Scholar, avoids the problem by redefining the demand curve. “The demand curve for the individual firm may be conceived to show the full effect upon the sales of that firm which results from any change in the price which it charges, whether it causes a change in the prices charged by the others or not” (p. 21).

3 Report of the Royal Commission on the Textile Industry, p. 144.

4 Ibid., p. 139.