Most of the models pertain to perfect competition. Forget about it! The default model should be or monopoly. - John Komlos

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Most of the models pertain to perfect competition. Forget about it! The default model should be or monopoly.

English
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About John Komlos

(born 28 December 1944) is an American economic historian of Hungarian descent and former holder of the chair of economic history at the University of Munich.

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[W]hile income determines the position of the for food, an individual who purchases food at higher market prices might consume less of it than a self-sufficient peasant isolated from the market... even if the income of the former is greater...

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