• Facets (new session)
• Description
• Metadata
• Settings
  • Rule: asEquivalentb3sb3sifpdbprdf-labelfacetshttp://dbpedia.org/resource/inference/rules/dbpedia#http://dbpedia.org/resource/inference/rules/opencyc#http://dbpedia.org/resource/inference/rules/umbel#http://dbpedia.org/resource/inference/rules/yago#http://dbpedia.org/schema/property_rules#http://localhost:8890/dataspacehttp://www.ontologyportal.org/inference/rules/SUMO#http://www.ontologyportal.org/inference/rules/WordNet#http://www.w3.org/2002/07/owl#ldpoplwebskos-transvirtrdf-labelvirtrdf-urlNone
    
  • Inverse Functional Properties:
  • "Same As": Disabled (fastest) Apply to subjects, objects and predicates (not recommended on big datasets)

Dixit–Stiglitz model is a model of monopolistic competition developed by Avinash Dixit and Joseph Stiglitz (1977). It has been used in many sub-fields of economics including macroeconomics, economic geography and international trade theory. The model seeks to formalise consumers' preference for product variety by using a typical CES function. Previous attempts to provide a model which accounted for variety preference (such as Harold Hotelling's Location model) were indirect and failed to provide an easily interpretable and usable form for further study. The Dixit-Stiglitz model states that variety preference is already inherent within the assumption of monotonic preferences as a consumer with such preferences prefers to have an average of any two bundles of goods as opposed to extremes.