Linked from

The 21 pages that link to Perfect competition, each with the reason it gives.

• MonopolyCompared with: It is the benchmark opposite to monopoly in standard models of market power.

• Labor marketCompared with: It is the benchmark behind the competitive labor-market model.

• Market powerCompared with: Firms in this benchmark accept the market price rather than influence it.

• MonopsonyCompared with: Unlike a monopsonist, each buyer in perfect competition takes the market price as given.

• CompetitionCompared with: It is the benchmark model against which less idealized competition is compared.

• Industrial organizationCompared with: It provides a benchmark against which strategic behavior and market power are measured.

• Monopolistic competitionCompared with: It shares numerous firms and open entry, but assumes identical products and no individual pricing power.

• OligopolyCompared with: It contrasts oligopoly's small number of strategically interdependent firms with price-taking sellers.

• Information economicsCompared with: Its benchmark models often abstract from private information that complicates actual exchange.

• Market concentrationCompared with: It represents a benchmark with no individual firm large enough to dominate sales.

• Search theoryCompared with: Its frictionless assumptions differ from costly, incomplete search.

• John Kenneth GalbraithCompared with: His focus on large corporations contrasts with this model’s dispersed market power.

• Jean TiroleCompared with: Tirole’s research focuses on settings where firms can strategically influence market outcomes.

• Labour economicsCompared with: Competitive labor-market models contrast with settings where employers or workers can influence wages.