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Derived factor demand under monopoly

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Summary.

We generalize the formula provided by Maurice and Ferguson (1973) for derived factor demand in a monopoly by extending it to cross-price effects and taking into account other variables which may, within an general-equilibrium framework, affect demand, such as income. Hopefully, both features increase the applicability of this formula in general-equilibrium analyses.

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  1. Institute of Mathematical Economics, University of Bielefeld, P. O. Box 100131, 33501 Bielefeld, GERMANY (e-mail: tupmann@wiwi.uni-bielefeld.de) , , , , , , DE

    Thorsten Bayındır-Upmann

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  1. Thorsten Bayındır-Upmann
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Received: April 5, 2000; revised version: June 7, 2001

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Bayındır-Upmann, T. Derived factor demand under monopoly. Econ Theory 20, 629–636 (2002). https://doi.org/10.1007/s001990100220

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  • DOI: https://doi.org/10.1007/s001990100220

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