Edward Chamberlin

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 the University of Michigan, eventually receiving his Ph.D. from Harvard University in 1927.

For most of his career Edward Chamberlin taught economics at Harvard (1937-1967). He made significant contributions to microeconomics, particularly on competition theory and consumer choice, and their connection to prices. Edward Chamberlin coined the term "product differentiation" to describe how a supplier may be able to charge a greater amount for a product than perfect competition would allow.

His most significant contribution was the theory of monopolistic competition. Chamberlin published his book "The Theory of Monopolistic Competition" in 1933, the same year that Joan Robinson published her book on the same topic: "The Economics of Imperfect Competition", so these two economists can be regarded as the parents of the modern study of imperfect competition.

Chamberlin's theory of monopolisitic competition is used by sociologist Harrison White in his "markets from networks" model of market structure and competition.

Major Works

*"Duopoly: Values where sellers are few", 1929, "QJE"
*"Theory of Monopolistic Competition", 1933
*"Advertising Costs and Equilibrium", 1944, "RES"
*"Proportionality, Divisibility and Economics of Scale", 1948, "QJE"
*"An Experimental Imperfect Market", 1948, "JPE"
*"Product Heterogeneity and Public Policy", 1950, "AER"
*"Monopolistic Competition Revisited", 1951
*"Impact of Recent Monopoly Theory on the Schumpeterian System", 1951, "REStat"
*"Full Cost and Monopolistic Competition", 1952, "EJ"
*"The Product as an Economic Variable", 1953, "QJE"
*"Some Aspects of Nonprice Competition", 1954, in Huegy, editor, "Role and Nature of Competition"
*"Measuring the Degree of Monopoly and Competition", 1954, in Chamberlin, editor, "Monopoly and Competition and their Regulation"
*"The Monopoly Power of Labor", 1957, in Wright, editor, "Impact of the Union"
*"On the Origin of Oligopoly", 1957, "EJ"
*"Towards a More General Theory of Value", 1957
* The Theory of Monopolistic Competition: A Reorientation of the Theory of Value, (Cambridge, MA: Harvard University Press, 1962

External links

* [http://www.economyprofessor.com/theorists/edwardchamberlin.php A brief bio of Chamberlin]


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  • 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

  • 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

  • Chamberlin (surname) — Chamberlin is a surname, and may refer to Beth Chamberlin Clarence Duncan Chamberlin, an American aviator Donald D. Chamberlin, a computer scientist, co designer of the SQL database language Edson Joseph Chamberlin, railroads Edward Chamberlin,… …   Wikipedia

  • Chamberlin — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. Chamberlin est un patronyme porté par plusieurs personnalités (par ordre alphabétique) : Edward Chamberlin, économiste américain Jimmy Chamberlin… …   Wikipédia en Français

  • 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

  • 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

  • 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 Sternaman — Edward Dutch Sternaman Date of birth: February 9, 1895 Place of birth: Chicago, Illinois Date of death: February 1, 1973 (age 77) Career information Position(s) …   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

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