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Author : Xiangkang Yin
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 ( download)
Download or read book Quantity Precommitment and Bertrand Competition Yield Cournot Outcomes written by Xiangkang Yin and published by . This book was released on 1995 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : James Friedman
Publisher : CUP Archive
ISBN 13 : 9780521282444
Total Pages : 262 pages
Book Rating : 4.2/5 (824 download)
Download or read book Oligopoly Theory written by James Friedman and published by CUP Archive. This book was released on 1983-09-30 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible. While the earlier ideas of Cournot, Hotelling, and Chamberlin are presented, the larger part of the book is devoted to the modern work on oligopoly that has resulted from the application of dynamic techniques and game theory to this area of economics. The book begins with static oligopoly theory. Cournot's model and its more recent elaborations are covered in the first substantive chapter. Then the Chamberlinian analysis of product differentiation, spatial competition, and characteristics space is set out. The subsequent chapters on modern work deal with reaction functions, advertising, oligopoly with capital, entry, and oligopoly using noncooperative game theory. A large bibliography is provided.
Author : London School of Economics and Political Science
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (143 download)
Download or read book The Existence of Equilibrium in Discontinuous Economic Games written by London School of Economics and Political Science and published by . This book was released on 1982 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : F. Xavier Vives
Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.:/5 (29 download)
Download or read book Cournot and Bertrand Competition written by F. Xavier Vives and published by . This book was released on 1983 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Leo Kaas
Publisher : Springer Science & Business Media
ISBN 13 : 3642584799
Total Pages : 166 pages
Book Rating : 4.6/5 (425 download)
Download or read book Dynamic Macroeconomics with Imperfect Competition written by Leo Kaas and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis was stimulated throughout the time of my participation in a research project on Dynamic Macroeconomics, supported by the German Research Foundation (DFG). The starting point was the central question of how to integrate price setting firms in a dynamic disequilibrium model. Almost all recent literature on imperfect competition in macroeconomics applies the objective demand approach by assuming that firms know the true demand curve they are faced with. While this approach can be ap plied in temporary monetary equilibrium models, it proves inadequate for formulating price adjustment in a dynamic disequilibrium model, where it has to be replaced by the concept of subjective demand. Based on this distinction, the thesis starts out with a comparison of the concepts of subjective and objective demand in an abstract framework and surveys the literature on general equilibrium theory with imperfect competition. The objective demand approach is criticized not only on the grounds of its strong rationality requirements and existence problems, but also by the observation that it cannot be applied successfully to characterize determinate rational expectations equilibria in intertemporal macroeco nomics. Finally, price setting firms using subjective demand functions are integrated in a dynamic disequilibrium model in order to study mo nopolistic and oligopolistic price adjustment.
Author : Kōtarō Suzumura
Publisher : Oxford University Press
ISBN 13 : 9780198289142
Total Pages : 308 pages
Book Rating : 4.2/5 (891 download)
Download or read book Competition, Commitment, and Welfare written by Kōtarō Suzumura and published by Oxford University Press. This book was released on 1995 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the effects of increasing competition between companies on social welfare
Author :
Publisher :
ISBN 13 :
Total Pages : 1136 pages
Book Rating : 4.:/5 (51 download)
Download or read book Antitrust Law Journal written by and published by . This book was released on 1986 with total page 1136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Pak-Sing Choi
Publisher : Springer Nature
ISBN 13 : 3031386353
Total Pages : 680 pages
Book Rating : 4.0/5 (313 download)
Download or read book Industrial Organization written by Pak-Sing Choi and published by Springer Nature. This book was released on 2023-12-29 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and updated for the second edition, this textbook presents over 100 exercises on industrial organization with detailed answer keys. While most textbooks on industrial organization focus on theory and empirical findings, this textbook offers practical examples and exercises helping predict firm behavior in different industries. The book emphasizes the game-theoretic tools used in each type of exercise, so students can systematically apply them to other markets, forms of competition, or information environments where firms, consumers, and regulating agencies interact. The book begins with examples that analyze different models of firm behavior and interaction; starting with monopoly and moving through the Cournot model of simultaneous quantity competition, the Bertrand model simultaneous price competition, and sequential competition. The following chapters apply game-theoretic tools to situations of increasing complexity: regulation; R&D incentives; mergers and collusion; bundling incentives; incomplete information, signaling, and competition; networks and switching costs. In addition to providing algebraic simplifications, some chapters also offer the unique feature of worked exercises based on published journal articles by leading scholars in the field. Finally, exercises are ranked according to their difficulty, with a letter (A-C) next to the exercise number, which allows students to pace their studies and instructors to structure their classes accordingly. The second edition contains additional exercises optimized for study at the upper undergraduate level. Providing a rigorous, yet practical introduction to the field of industrial organization, this textbook is appropriate for advanced undergraduate and graduate students in economics and finance.
Author : Reinhard Selten
Publisher : Springer Science & Business Media
ISBN 13 : 3662096641
Total Pages : 427 pages
Book Rating : 4.6/5 (62 download)
Download or read book Rational Interaction written by Reinhard Selten and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unifying theme of the 23 contributions to this book is the social interaction of rational individuals. The work of John C. Harsanyi on game theory, social choice, and the philosophy of science finds an echo in these essays. Contributions by well known game theorists and economists present a great variety of stimulating theoretical investigations. Part I contains six papers on non-cooperative game theory written by Maschler, Owen, Myerson, Peleg, Rosenmüller, Hart and Mas-Collel. Part II with three contributions by Kalei, Samet, van Damme, d'Aspremont, and Gérard-Varet is devoted to the use of non-cooperative game theory in the analysis of problems of mechanism design. Basic questions of non-cooperative game theory are discussed in three essays by Güth, Hardin, and Sugden in Part III. Applied game models are discussed in three papers by Friedman, Selten, and Shubik in Part IV. Problems of social choice are investigated in Part V which deals with utilitarianism and related topics in five contributions by Hammond, Binmore, Arrow, Roemer, and Broome. Finally, Part VI contains three papers: an interdisciplinary comparison of physics and economics by Samuelson, a methodological essay by Brock, and an appraisal of the work of John C. Harsanyi.
Author : Heinz Kurz
Publisher : Routledge
ISBN 13 : 1134087810
Total Pages : 359 pages
Book Rating : 4.1/5 (34 download)
Download or read book Interpreting Classical Economics written by Heinz Kurz and published by Routledge. This book was released on 2007-07-12 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2007. This book is the third volume of previously published essays from Heinz D. Kurz and Neri Salvadori, following Understanding Classical Economics (1998) and Classical Economics and Modern Theory (2003), both published by Routledge. This new collection can be read in isolation but perhaps more fruitfully in conjunction with the previous texts, providing modern interpretations of the classical economists and comparing their analyses with that of contemporary mainstream economics. The essays in the new volume are split between three parts, the first section dealing with classical economics and modern theory focusing specifically on the differences in the analytical structure and content of the theory of value and distribution of Ricardo, on the one hand, and Say and Walras, on the other. The second part is devoted to Piero Sraffa’s contribution, drawing from his hitherto unpublished papers. The final part assesses linear theory of production, concentrating on comparative studies of the contributions of von Neumann, Arrow-Debreu, Georgescu-Roegen and Sraffa. This new volume will be of interest to economic theorists and methodologists in Europe, Asia and America and particularly academics and researchers engaged with theories of production, value, distribution, economic growth and the history of economic thought.
Author : Kalyan Chatterjee
Publisher : Springer Science & Business Media
ISBN 13 : 1461470951
Total Pages : 407 pages
Book Rating : 4.4/5 (614 download)
Download or read book Game Theory and Business Applications written by Kalyan Chatterjee and published by Springer Science & Business Media. This book was released on 2013-06-26 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory has been applied to a growing list of practical problems, from antitrust analysis to monetary policy; from the design of auction institutions to the structuring of incentives within firms; from patent races to dispute resolution. The purpose of Game Theory and Business Applications is to show how game theory can be used to model and analyze business decisions. The contents of this revised edition contain a wide variety of business functions – from accounting to operations, from marketing to strategy to organizational design. In addition, specific application areas include market competition, law and economics, bargaining and dispute resolution, and competitive bidding. All of these applications involve competitive decision settings, specifically situations where a number of economic agents in pursuit of their own self-interests and in accordance with the institutional “rules of the game” take actions that together affect all of their fortunes. As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.
Author : Thomas Url
Publisher : Springer Science & Business Media
ISBN 13 : 3642997821
Total Pages : 245 pages
Book Rating : 4.6/5 (429 download)
Download or read book Econometrics of Short and Unreliable Time Series written by Thomas Url and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The disappearance of central planned economies left politicians, researchers, consultants, and academics with an interest in economies in transition in vagueness about the actual state of the economy and its short and medium term prospects. This volume provides the reader with information on how to deal with the statistical shortcomings of economies in transition. Most economic variables published for these countries tend to encompass a short period of time or they possess a low measurement quality. Moreover, most of the series are subject to structural breaks, due to the change in the patterns of economic reactions over time. The contributions in this volume show various ways to solve or at least to lessen the before mentioned problems.
Author : Ricardo G. Barcelona
Publisher : Springer
ISBN 13 : 1137591390
Total Pages : 508 pages
Book Rating : 4.1/5 (375 download)
Download or read book Energy Investments written by Ricardo G. Barcelona and published by Springer. This book was released on 2017-11-14 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines what lies behind the uncertainties surrounding the fuel and power markets. Exploring the role of renewables and how they potentially disrupt or create opportunities, it challenges widely accepted wisdoms in investment. The author asks questions such as: Are “business as usual” strategies that favour fossil fuels the best route to future prosperity? What prospects do firms face when their competitors diversify into renewables? Why do generous subsidies to renewables often fail to achieve wide-scale deployment? Illustrating how real options and option games reasoning yield vastly different insights from those gained from NPVs, Energy Investments offers case studies and simulations to demonstrate how firms can benefit from the methods it showcases.
Author : J.F. Mertens
Publisher : Springer Science & Business Media
ISBN 13 : 9401716560
Total Pages : 260 pages
Book Rating : 4.4/5 (17 download)
Download or read book Game-Theoretic Methods in General Equilibrium Analysis written by J.F. Mertens and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: JEAN-FRANQOIS MERTENS This book presents a systematic exposition of the use of game theoretic methods in general equilibrium analysis. Clearly the first such use was by Arrow and Debreu, with the "birth" of general equi librium theory itself, in using Nash's existence theorem (or a generalization) to prove the existence of a competitive equilibrium. But this use appeared possibly to be merely tech nical, borrowing some tools for proving a theorem. This book stresses the later contributions, were game theoretic concepts were used as such, to explain various aspects of the general equilibrium model. But clearly, each of those later approaches also provides per sea game theoretic proof of the existence of competitive equilibrium. Part A deals with the first such approach: the equality between the set of competitive equilibria of a perfectly competitive (i.e., every trader has negligible market power) economy and the core of the corresponding cooperative game.
Author : Andrew F. Daughety
Publisher : Cambridge University Press
ISBN 13 : 0521361761
Total Pages : 455 pages
Book Rating : 4.5/5 (213 download)
Download or read book Cournot Oligopoly written by Andrew F. Daughety and published by Cambridge University Press. This book was released on 1988 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the properties and uses of Cournot's model of competition among the few.
Author : Ioannis Kokkoris
Publisher : Edward Elgar Publishing
ISBN 13 : 180037819X
Total Pages : 685 pages
Book Rating : 4.8/5 (3 download)
Download or read book Research Handbook on Global Merger Control written by Ioannis Kokkoris and published by Edward Elgar Publishing. This book was released on 2023-05-09 with total page 685 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past 30 years, merger control has become well-established around the world with broad consensus around its ambit and objectives. That consensus has fractured in recent years. Enforcement today is at a critical juncture, facing an array of challenges and calls for reform unprecedented in their scope and intensity. Authored by leading legal practitioners, economists, enforcers and jurists, this timely Research Handbook on Global Merger Control discusses those challenges and predicts how merger control is likely to evolve.
Author : Peter Borm
Publisher : Springer Science & Business Media
ISBN 13 : 030647526X
Total Pages : 327 pages
Book Rating : 4.3/5 (64 download)
Download or read book Chapters in Game Theory written by Peter Borm and published by Springer Science & Business Media. This book was released on 2006-04-11 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapters in Game Theory has been written on the occasion of the 65th birthday of Stef Tijs, who can be regarded as the godfather of game theory in the Netherlands. The contributors all are indebted to Stef Tijs, as former Ph.D. students or otherwise. The book contains fourteen chapters on a wide range of subjects. Some of these can be considered surveys while other chapters present new results: most contributions can be positioned somewhere in between these categories. The topics covered include: cooperative stochastic games; noncooperative stochastic games; sequencing games; games arising form linear (semi-) infinite programming problems; network formation, costs and potential games; potentials and consistency in transferable utility games; the nucleolus and equilibrium prices; population uncertainty and equilibrium selection; cost sharing; centrality in social networks; extreme points of the core; equilibrium sets of bimatrix games; game theory and the market; and transfer procedures for nontransferable utility games. Both editors did their Ph.D with Stef Tijs, while he was affiliated with the mathematics department of the University of Nijmegen.
