Oligopoly Theory

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Author :
Publisher : CUP Archive
ISBN 13 : 9780521282444
Total Pages : 262 pages
Book Rating : 4.2/5 (824 download)

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Book Synopsis Oligopoly Theory by : James Friedman

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.

Competition Among the Few

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Publisher : Hassell Street Press
ISBN 13 : 9781015210752
Total Pages : 360 pages
Book Rating : 4.2/5 (17 download)

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Book Synopsis Competition Among the Few by : William John 1905- Fellner

Download or read book Competition Among the Few written by William John 1905- Fellner and published by Hassell Street Press. This book was released on 2021-09-10 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Oligopoly Pricing

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Author :
Publisher : MIT Press (MA)
ISBN 13 : 9780262220606
Total Pages : 446 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Oligopoly Pricing by : Xavier Vives

Download or read book Oligopoly Pricing written by Xavier Vives and published by MIT Press (MA). This book was released on 1999 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applies a modern game-theoretic approach to develop a theory of oligopoly pricing. The text relates classic contributions to the field of modern game theory and discusses basic game-theoretic tools and equilibrium, paying particular attention to developments in the theory of supermodular games.

Dynamic Models of Oligopoly

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1136456120
Total Pages : 104 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Dynamic Models of Oligopoly by : D. Fudenberg

Download or read book Dynamic Models of Oligopoly written by D. Fudenberg and published by Taylor & Francis. This book was released on 2013-06-17 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fudenberg and Tirole use the game-theoretic issues of information, commitment and timing to provide a realistic approach to oligopoly.

An Economic Theory of Managerial Firms

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Publisher : Taylor & Francis
ISBN 13 : 1317218264
Total Pages : 231 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis An Economic Theory of Managerial Firms by : Luca Lambertini

Download or read book An Economic Theory of Managerial Firms written by Luca Lambertini and published by Taylor & Francis. This book was released on 2017-04-21 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.

Profit Cycles, Oligopoly, and Regional Development

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Author :
Publisher :
ISBN 13 : 9780262512206
Total Pages : 0 pages
Book Rating : 4.5/5 (122 download)

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Book Synopsis Profit Cycles, Oligopoly, and Regional Development by : Ann Markusen

Download or read book Profit Cycles, Oligopoly, and Regional Development written by Ann Markusen and published by . This book was released on 2008-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. The dramatic shifts in heartland regional economies in the U.S. and other advanced industrial countries have thrown into question the ability of capitalist development to produce permanent growth, economic well being, and balanced regional development. This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. Traditional theories of regional development have failed to account for innovation and longrun structural change. They have ignored the role of corporate strategy and the existence of market power. Markusen's profit-cycle theory provides a key to understanding how, why, and when a region's leading industries undergo major changes. The theory is synthetic, building upon Schumpeterian and Marxist work on innovation and capitalist dynamics, upon the product cycle theories of business economists, and upon theories of oligopolistic behavior. Markusen argues that changing sources of profitability along an industry's evolutionary path will first concentrate and later disperse production geographically, setting in motion a methodically destabilizing process for regional economies. The profit-cycle theory is tested in depth against the steel sector's experience over a century, and against the experiences of sectors in different stages of development, ranging from innovative ones like semiconductors and computers, to mature and troubled sectors like automobiles, textiles, and lumber. The temporal and crosssectional data drawn from the census of manufactures support the theory and its spatial hypotheses. In a final chapter Markusen explores the implications of the research for regional development.

Oligopoly, the Environment and Natural Resources

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Author :
Publisher : Routledge
ISBN 13 : 1134613555
Total Pages : 360 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Oligopoly, the Environment and Natural Resources by : Luca Lambertini

Download or read book Oligopoly, the Environment and Natural Resources written by Luca Lambertini and published by Routledge. This book was released on 2013-08-21 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial production and consumption patterns rely heavily on the intensive use of both renewable and non-renewable resources and the consequences for the environment can be serious. Following a long period of time where the profit incentives of firms have prevailed over preservation of the environment and the world’s natural resources, a new consensus has emerged concerning the need to regulate firm behaviour, aimed at ensuring the sustainability of the economic system in the long run. This book offers an exhaustive overview of current economic debate about these topics, taking modern oligopoly theory as a benchmark. The first part of the book covers static models dealing with incentives for green research and development, Pigovian taxation, cartels, environmental quality and international trade, as well as the role of corporate social responsibility, public firms and consumer environmental awareness as endogenous regulatory instruments. Then, the author moves on to examine the role of time while drawing from optimal control and differential game theory. This opens the way to the discussion of fair discount rates to ensure the welfare of future generations, as well as the long run sustainability of production and consumption patterns.

Global Oligopoly

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Publisher : Routledge
ISBN 13 : 1000027392
Total Pages : 362 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Global Oligopoly by : Chris Carr

Download or read book Global Oligopoly written by Chris Carr and published by Routledge. This book was released on 2020-02-18 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The era of globalisation brought waves of consolidation in business ownership alongside Leviathon-like state actors. Digital disruption too can leave market power in a relatively small number of hands. In organisational and economic terms, global oligopoly is now a fundamental idea for business and society, which this book explores and analyses. This book focuses on global oligopolies, starting with an analysis of global concentration and profits in all sectors, before moving on to illuminate the geographical spread and global strategic orientation choices and performance outcomes of global oligopoly. Contemporary cooperation modes, such as cross-border M&As and strategic alliances, niche and Emerging Market champion strategies are also analysed in detail to move the reader towards understanding likely future directions for the field. Presenting empirical data on strategies and performance outcomes, the book covers a range of industries to provide practical, research-based guidance for more effective global business strategies and policy perspectives.

The Theory of Oligopoly with Multi-Product Firms

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3662026228
Total Pages : 177 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis The Theory of Oligopoly with Multi-Product Firms by : Koji Okuguchi

Download or read book The Theory of Oligopoly with Multi-Product Firms written by Koji Okuguchi and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book a rigorous, systematic, mathematical analysis is presented for oligopoly with multi-product firms in static as well as dynamic frameworks in the light of recent developments in theories of games, oligopoly and industrial organization. The general results derived in this book on oligopoly with multi-product firms contain, as special cases, all previous results on oligopoly with single product as well as oligopoly with product differentiation and single product firms. A constructive nu- merical method is given for finding the Cournot-Nash equilibrium, which may be extremely valuable to those who are interested in numerical analysis of the effects of various industrial policies. A sequential adjustment process is also formulated for finding the equilibrium. Dynamic adjustment processes have two versions, one with a discrete time scale and the other with a continuous time scale. The stability of the equilibrium is thoroughly investigated utilizing powerful mathematical results from the stability and linear algebra literature. The methodology developed for analyzing stability proves to be useful for dynamic analysis of economic models.

Disequilibrium Economics

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Publisher : Springer
ISBN 13 : 3319744151
Total Pages : 306 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Disequilibrium Economics by : Tönu Puu

Download or read book Disequilibrium Economics written by Tönu Puu and published by Springer. This book was released on 2018-04-02 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses mathematical models for various applications in economics, with a focus on non-linear dynamics. Based on the author’s over 50 years of active work in the field, the book has been inspired by models from the period between 1920 and 1950. Following a brief introduction to economics for mathematicians and other modelers, it assembles a repository of useful specific functions for global dynamic modeling. Furthermore, twelve “research stubs” – outlined research agendas that have not yet been fully worked on – are suggested for further study and could even be expanded to entire research projects. The book is a valuable resource, particularly for young scientists who are skilled in mathematical and computational techniques and are looking for applications in economics.

Expectations and Stability in Oligopoly Models

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Publisher : Springer
ISBN 13 : 9783540080565
Total Pages : 0 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis Expectations and Stability in Oligopoly Models by : K. Okuguchi

Download or read book Expectations and Stability in Oligopoly Models written by K. Okuguchi and published by Springer. This book was released on 1976-12-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since A.C.Cournot(1838), economists have been increasingly interested in oligopoly, a state of industry where firms producing homogeneous goods or close substitutes are limited in number. The fewness of firms in oligopoly gives rise to interdependence which they have to take into account in choosing their optimal output or pricing policies in each production period. Since each firm's profit is a function of all firms' outputs in an oligopoly without product differ entiation, each firm in choosing its optimal output in any period has to know beforehand all other rival firms' outputs in the same period. As this is in general impossible, it has to form some kind of expecta tion on other firms' most likely outputs. Cournot thought that in each period each firm assumed that all its rivals' outputs would remain at the same level as in the preceding period. Needless to say, the Cournot assumption is too naive to be realistically supported. However, the Cournot profit maximizing oligopoly model characterized by this assumption has many important and attractive properties from the view point of economic theory and provides a frame of reference for more realistic theories of oligopoly. In Chapters 1-3, we shall be engaged in analyzing the Cournot oligopoly model in greater detail from the viewpoints of existence, stability, uniqueness and quasi-competitive ness of the equilibrium.

Principles of Macroeconomics for AP® Courses 2e

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Publisher :
ISBN 13 : 9781947172432
Total Pages : 0 pages
Book Rating : 4.1/5 (724 download)

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Book Synopsis Principles of Macroeconomics for AP® Courses 2e by : Steven A. Greenlaw

Download or read book Principles of Macroeconomics for AP® Courses 2e written by Steven A. Greenlaw and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.

Internet Oligopoly

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Publisher : Emerald Group Publishing
ISBN 13 : 1787691977
Total Pages : 191 pages
Book Rating : 4.7/5 (876 download)

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Book Synopsis Internet Oligopoly by : Nikos Smyrnaios

Download or read book Internet Oligopoly written by Nikos Smyrnaios and published by Emerald Group Publishing. This book was released on 2018-09-10 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on a historical and political economy analysis, this book provides insight on how, under neoliberal hegemony, the internet was transformed from an emancipatory project for humanity to the final frontier of unrestrained capitalism.

New Developments in the Analysis of Market Structure

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Publisher : MIT Press
ISBN 13 : 9780262690935
Total Pages : 588 pages
Book Rating : 4.6/5 (99 download)

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Book Synopsis New Developments in the Analysis of Market Structure by : International Economic Association

Download or read book New Developments in the Analysis of Market Structure written by International Economic Association and published by MIT Press. This book was released on 1986 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: These contributions discuss a number of important developments over the past decade in a newly established and important field of economics that have led to notable changes in views on governmental competition policies. They focus on the nature and role of competition and other determinants of market structures, such as numbers of firms and barriers to entry; other factors which determine the effective degree of competition in the market; the influence of major firms (especially when these pursue objectives other than profit maximization); and decentralization and coordination under control relationships other than markets and hierarchies.ContributorsJoseph E. Stiglitz, G. C. Archibald, B. C. Eaton, R. G. Lipsey, David Enaoua, Paul Geroski, Alexis Jacquemin, Richard J. Gilbert, Reinhard Selten, Oliver E. Williamson, Jerry R. Green, G. Frank Mathewson, R. A. Winter, C. d'Aspremont, J. Jaskold Gabszewicz, Steven Salop, Branko Horvat, Z. Roman, W. J. Baumol, J. C. Panzar, R. D. Willig, Richard Schmalensee, Richard Nelson, Michael Scence, and Partha Dasgupta

Palgrave Handbook of International Trade

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Publisher : Springer
ISBN 13 : 0230305318
Total Pages : 727 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Palgrave Handbook of International Trade by : David Greenaway

Download or read book Palgrave Handbook of International Trade written by David Greenaway and published by Springer. This book was released on 2016-11-09 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade is the core foundation of globalisation. This current and up-to-date volume brings together the finest academics working in the field today, containing contributions in key areas of policy research, such as, modelling frameworks, trade policy, trade and migration, trade and the environment, trade and unemployment.

The Microeconomics of Wellbeing and Sustainability

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Publisher : Academic Press
ISBN 13 : 0128160276
Total Pages : 480 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis The Microeconomics of Wellbeing and Sustainability by : Leonardo Becchetti

Download or read book The Microeconomics of Wellbeing and Sustainability written by Leonardo Becchetti and published by Academic Press. This book was released on 2019-10-22 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative-not heterodox-view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges.

West African Trade

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Publisher : Cambridge University Press
ISBN 13 : 1107621917
Total Pages : 471 pages
Book Rating : 4.1/5 (76 download)

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Book Synopsis West African Trade by : P. T. Bauer

Download or read book West African Trade written by P. T. Bauer and published by Cambridge University Press. This book was released on 2013-09-12 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, originally published in 1954, examines the key features of the economies of colonial Nigeria and the Gold Coast.