Measuring the Degree of Monopoly and Competition

Chamberlin, Edward H.

doi:10.1007/978-1-349-08434-0_13

Cited by 16 publications

(11 citation statements)

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“…Such conditions will have a direct effect on how firms organize themselves and their innovation processes. If producers or suppliers strategically pursue the development of firm‐specific characteristics, there is a tendency toward a set of distinctive market distortions akin to monopolistic competition (Chamberlin 1933; Power and Scott 2004). Under this form of competition, although firms may all produce the same class of product (e.g., chairs), individual firms aim to develop a virtual monopoly within the market by emphasizing unique attributes, such as recognizable brands (an Arne Jacobsen chair), stylistic associations (a minimalist chair), or place‐specific associations (a Danish designer chair) (see also Molotch 1996, 2003; Leslie and Reimer 2006).…”

Section: Methodological Considerationsmentioning

confidence: 99%

Cyclical Clusters in Global Circuits: Overlapping Spaces in Furniture Trade Fairs

2008

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This article attempts to contribute to understanding temporary or event based economic phenomena in economic and industrial geography. The article draws upon research conducted on the furniture and interior design industry. It is argued that trade fairs should be seen as central, though temporary, spaces for knowledge and market processes. Trade fairs should not be seen simply as temporary industry gatherings but as central business places: which represent microcosms of the industry they represent, and function as effective marketplaces. It is suggested that these temporary events should not be viewed as isolated from one another, but rather as arranged together in an almost continual global circuit. In this sense trade fairs are less 'temporary clusters' than they are 'cyclical clusters': they are complexes of overlapping spaces that are timed and arranged in such a way that spaces can be reproduced, reenacted and renewed over time. Although actual fairs are short-lived events their presence in the business cycle has lasting consequences for the organization of markets and industries, and the firms that make up these in the furniture industry.

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Section: Methodological Considerationsmentioning

confidence: 99%

Cyclical Clusters in Global Circuits: Overlapping Spaces in Furniture Trade Fairs

2008

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“…For example, the measure treats a situation in which one large firm dominates over three minor outlets identically to one in which four outlets evenly split the audience. Chamberlin (1954) said counting the number of sellers in an area does not measure competition well. Nevertheless, the measure has been used successfully to gauge the impact of newspaper competition on electoral outcomes (Vermeer, 1992) and diversity of public opinion (Lasorsa, 1991), as well as local television news competition impact on content (Busterna, 1980(Busterna, , 1988 and financial expenditures (Lacy, Atwater, Qin, & Powers, 1988).…”

Section: Existing Measuresmentioning

confidence: 96%

“…If all managers were to have perfect knowledge, perceptions would be the same and would reflect exactly competition as defined by buyers. However, during the middle of the 20th century, economists began to deal with the distinction between the seller's and buyer's perspectives on competition (Chamberlin, 1954;Machlup, 1952).…”

Section: Factors That Affect News Competition Measuresmentioning

confidence: 99%

Theoretical and Practical Considerations in Operationalizing Newspaper and Television News Competition

Lacy¹,

Vermeer²

1995

Journal of Media Economics

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“…Since brands promise to lend products some level of exclusivity or uniqueness, they are a useful tool for profit‐seekers interested in adapting neo‐Chamberlinan (Chamberlin 1933) strategies: those who wish to differentiate themselves by trying to create virtual monopolies. Adapting such differentiation tactics can have significant long‐term effects.…”

Section: Firms and Brands/brands As An Instituted Processmentioning

confidence: 99%

No Man's Brand—Brands, Institutions, and Fashion

Power¹,

Hauge²

2008

Growth and Change

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Branding has become so intertwined with consumption that today's consumers have often deeply personal relationships to brands and brand histories. Branding is an attempt to strategically "personify" products and to encapsulate a balance between different economic values: quality, utility, symbolic, and cultural worth. In this paper we argue that the relationship between the contemporary consumer and producer is mediated by and governed by a reflexive construction of brands. As such brands are best understood from an institutional perspective. The paper illustrates the institutional role of brands by using the example of the fashion industry. It is argued that in the fashion industry, a focus on consumer-producer brand-building and brand loyalty is central to the commodity and value chains built around products. We conclude by suggesting that economic geography has consistently undervalued brands as an area of study. By taking brands as a core product in industrial production rather than as an interesting aside for sociologists, historians, and cultural theorists, economic geography can better understand the institutions governing the economy. In particular, better understanding the institution of brands helps us better appreciate the dynamics systems within which commodities and commodity chains are formed.

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Measuring the Degree of Monopoly and Competition

Cited by 16 publications

References 0 publications

Cyclical Clusters in Global Circuits: Overlapping Spaces in Furniture Trade Fairs

Cyclical Clusters in Global Circuits: Overlapping Spaces in Furniture Trade Fairs

Theoretical and Practical Considerations in Operationalizing Newspaper and Television News Competition

No Man's Brand—Brands, Institutions, and Fashion

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