Robinson, Joan

Robinson, Joan

(1903–83) an English economist who helped develop the theory of MONOPOLISTIC COMPETITION in her book The Economics of Imperfect Competition (1933). Prior to Robinson's work, economists classified markets into two groups: PERFECT COMPETITION, where firms’ products are perfect substitutes, and MONOPOLY, where a firm's product has no substitutes. Robinson argued that in real markets, goods are often partial substitutes for other goods, and her theory of monopolistic competition analysed price and output in such markets. She concluded that firms in monopolistic competition would restrict output in order to maintain price, resulting in a lower level of plant operation than optimum. See also CHAMBERLAIN, Edward.
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Marlene Parr (centre) |representing Strep B Support with e fund-raising organisers from left, Anne Caine, Janet Sheard, Suzanne Wright, Jackie Robinson, Joan Oversby and Janet Godfrey.
Chloe Hersee, Lee Robinson, Joan Cockburn; Jim Beeston, Anita Bhalla, Jason Kirwin; Carolyn Pugh, Shashi Sehdev, Nadia Dooner; Tarcey Gill, Emma Cuthbertson, Andrew Herring, Rachel Gray, Topsy Organ; Sue Lyons, Ruth Andrew, Emma Callow, Poorvi Patel; Clare Francis, Kathie Neal, Rachel Bennett, Caroline Baker
students Tom Tromans with (back, from left) Holly Cotterell, Kelly Robinson, Joan Horsewell, Emma Steventon, Jennifer Sheriff and Niki Leiper.
The maiden names of the missing nine are: Marjorie Robinson, Joan Filson, Gladys Hamer, Brenda Killeen, Janis McLean, Susan Hilton, Valerie Hilton, Carol Sutherland and Lucy Wood.
Robinson, Joan (1952) The Rate of Interest and Other Essays.
Robinson, Joan (1953-4) 'The production function and the theory of capital', Review of Economic Studies, 21, 81-105.
Robinson, Joan (1956) The Accumulation of Capital, London: Macmillan.
Robinson, Joan (1962a) Essays in the Theory of Economic Growth.
Robinson, Joan (1965) 'Kalecki and Keynes', in Robinson, Collected Economic Papers, III, Oxford: Basil Blackwell, 92-99.