Edward Chamberlin
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Edward H. Chamberlin (May 18, 1899-1967) 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.
He made many contributions to modern economic theory, particularly concerning types of competition. Perhaps his most significant contribution was the theory of monopolistic competition. Chamberlin published The Theory of Monopolistic Competition in 1933, the same year that Joan Robinson published her book, The Economics of Imperfect Competition; these two economists are thus parents to much of the modern study of imperfect competition.
[edit] Major Works
- The Theory of Monopolistic Competiton (1933)
- Toward a More General Theory of Value (1957)
