Interaction And Market Structure

Download Interaction And Market Structure full books in PDF, epub, and Kindle. Read online Interaction And Market Structure ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Stochastic Dynamics

Author : Lutz Schimansky-Geier
Publisher : Springer
ISBN 13 : 9783540628934
Total Pages : 386 pages
Book Rating : 4.6/5 (289 download)

DOWNLOAD NOW!

Book Synopsis Stochastic Dynamics by : Lutz Schimansky-Geier

Download or read book Stochastic Dynamics written by Lutz Schimansky-Geier and published by Springer. This book was released on 1997-05-20 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stochastic Dynamics, born almost 100 years ago with the early explanations of Brownian motion by physicists, is nowadays a quickly expanding field of research within nonequilibrium statistical physics. The present volume provides a survey on the influence of fluctuations in nonlinear dynamics. It addresses specialists, although the intention of this book is to provide teachers and students with a reliable resource for seminar work. In particular, the reader will find many examples illustrating the theory as well as a host of recent findings.

Strategic Interaction and Markets

Author : Jean J. Gabszewicz
Publisher : OUP Oxford
ISBN 13 : 0191518883
Total Pages : 108 pages
Book Rating : 4.1/5 (915 download)

DOWNLOAD NOW!

Book Synopsis Strategic Interaction and Markets by : Jean J. Gabszewicz

Download or read book Strategic Interaction and Markets written by Jean J. Gabszewicz and published by OUP Oxford. This book was released on 2000-01-06 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perfect competition provides the model of a frictionless economy, in which price-setting economic agents behave independently of each other, abandoning to the market the coordination of their individual decisions. The implications of this model are extensively presented in the traditional price theory textbooks. Imperfect competition is the paradigm that develops as soon as economic agents interact in a conscious manner, which is the rule when competition takes place amongst a restricted number of agents. In this system, agents act strategically, taking into account the impact of their decisions on competitors' behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product. This book explores the theoretical richness of these economic contexts, using some basic tools of game theory. Designed as an ancillary text for graduate students, it not only summarizes the historic contributions made by economic theorists such as Cournot and Edgeworth, but also makes accessible many of the most recent developments in the same field.

Interaction and Market Structure

Author : Domenico Delli Gatti
Publisher : Springer Science & Business Media
ISBN 13 : 3642570054
Total Pages : 302 pages
Book Rating : 4.6/5 (425 download)

DOWNLOAD NOW!

Book Synopsis Interaction and Market Structure by : Domenico Delli Gatti

Download or read book Interaction and Market Structure written by Domenico Delli Gatti and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a collection of essays which examine how the properties of aggregate variables are influenced by the actions and interactions of heterogenous individuals in different economic contexts. The common denominator of the essays is a critique of the representative agent hypothesis. If this hypothesis were correct, the behaviour of the aggregate variable would simply be the reproduction of individual optimising behaviour. In the methodology of the hard sciences, one of the achievements of the quantum revolution has been the rebuttal of the notion that aggregate behaviour can be explained on the basis of the behaviour of a single unit: the elementary particle does not even exist as a single entity but as a network, a system of interacting units. In this book, new tracks in economics which parallel the developments in physics mentioned above are explored. The essays, in fact are contributions to the analysis of the economy as a complex evolving system of interacting agents.

Firm-union Interaction

Author : Kwok Chiu Fung
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.:/5 (321 download)

DOWNLOAD NOW!

Book Synopsis Firm-union Interaction by : Kwok Chiu Fung

Download or read book Firm-union Interaction written by Kwok Chiu Fung and published by . This book was released on 1989 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Cycles

Author : Kirsten Ralf
Publisher : Springer Science & Business Media
ISBN 13 : 3642517420
Total Pages : 242 pages
Book Rating : 4.6/5 (425 download)

DOWNLOAD NOW!

Book Synopsis Business Cycles by : Kirsten Ralf

Download or read book Business Cycles written by Kirsten Ralf and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: When writing the preface the main work has been done. What remains is thanking all those people who directly or indirectly contributed to the out come. My thanks go to my family and friends for their encouragement towards the completion of this book. Among the academic profession, I would like to thank Prof. Dr. Dr. Harald Scherf, my academic teacher, first. During the years at Hamburg University I benefitted especially from his profound knowledge of Keynesian theory. His way of examining an argument in an unbiased way helped me a lot to carry out the reseach I wanted to do. His confidence enabled me to finish the work. A part of the book was written while I was a visiting fellow at DELTA, Paris, where I am particularly indebted to Roger Guesnerie. I have benefitted from his encouragement, advice, and gentle criticism during discussions and seminars, especially on the topic of the time structure of economic dynamics. I would like to acknowledge the hospitality and stimulating atmosphere at DELTA. Different versions of the manuscript, or parts of it have been read by Prof. Dr. Manfred Holler, Dr. Jorg Bibow and Dr. Gabriele Kasten. Their comments and suggestions were quite helpul and are gratefully acknowledged. Additionally, I have to thank Prof. Dr. M. Funke and Prof. Dr. V. Timmer mann.

Market Structure and Competition Policy

Author : George Norman
Publisher : Cambridge University Press
ISBN 13 : 1139428586
Total Pages : 309 pages
Book Rating : 4.1/5 (394 download)

DOWNLOAD NOW!

Book Synopsis Market Structure and Competition Policy by : George Norman

Download or read book Market Structure and Competition Policy written by George Norman and published by Cambridge University Press. This book was released on 2000-11-30 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

Strategic Interaction and Markets

Author : Jean Jaskold Gabszewicz
Publisher : Oxford University Press, USA
ISBN 13 : 9780198233411
Total Pages : 106 pages
Book Rating : 4.2/5 (334 download)

DOWNLOAD NOW!

Book Synopsis Strategic Interaction and Markets by : Jean Jaskold Gabszewicz

Download or read book Strategic Interaction and Markets written by Jean Jaskold Gabszewicz and published by Oxford University Press, USA. This book was released on 1999 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perfect competition provides the model of a frictionless economy, in which price-setting economic agents behave independently of each other, abandoning to the market the coordination of their individual decisions. The implications of this model are extensively presented in the traditional price theory textbooks. Imperfect competition is the paradigm that develops as soon as economic agents interact in a conscious manner, which is the rule when competition takes place amongst a restricted number of agents. In this system, agents act strategically, taking into account the impact of their decisions on competitors' behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product. This book explores the theoretical richness of these economic contexts, using some basic tools of game theory. Designed as an ancillary text for graduate students, it not only summarizes the historic contributions made by economic theorists such as Cournot and Edgeworth, but also makes accessible many of the most recent developments in the same field.

Market Structure and Market Access

Author : Joseph F. Francois
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!

Book Synopsis Market Structure and Market Access by : Joseph F. Francois

Download or read book Market Structure and Market Access written by Joseph F. Francois and published by World Bank Publications. This book was released on 2008 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors examine an issue at the nexus of domestic competition policy and international trade, the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries compared with 69 exporters. Competition in services affects the volume of goods trade. Additionally, because of interaction between tariffs and competition, the market structure of the domestic service sector becomes increasingly important as tariffs are reduced. Empirically service competition apparently matters most for exporters in smaller, poorer countries. The results also suggest that while negotiated agreements leading to cross-border services liberalization may boost goods trade as well, they may also lead to a fall in goods trade when such liberalization involves foreign direct investment leading to increased service sector concentration.

Economic Integration and Firm-union Interaction

Author : Kwok Chiu Fung
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!

Book Synopsis Economic Integration and Firm-union Interaction by : Kwok Chiu Fung

Download or read book Economic Integration and Firm-union Interaction written by Kwok Chiu Fung and published by . This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technology and Market Structure

Author : John Sutton
Publisher : MIT Press
ISBN 13 : 9780262692649
Total Pages : 700 pages
Book Rating : 4.6/5 (926 download)

DOWNLOAD NOW!

Book Synopsis Technology and Market Structure by : John Sutton

Download or read book Technology and Market Structure written by John Sutton and published by MIT Press. This book was released on 2001-01-26 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Sutton sets out a unified theory that encompasses two major approaches to studying market, while generating a series of novel predictions as to how markets evolve. Traditionally, the field of industrial organization has relied on two unrelated theories—the cross-section theory and the growth-of-firms theory—to explain cross-industry differences in concentration and within-industry skewness. The two approaches are based on very different mathematical structures and few researchers have attempted to relate them to each other. In this book, John Sutton unifies the two approaches through a theory that rests on three simple principles. The first two, a "survivor principle" that says that firms will not pursue loss-making strategies, and an "arbitrage principle" that says that if a profitable opportunity is available, some firm will take it, suffice to define a set of possible outcomes. The third, the "symmetry principle," says that the strategy used by a new entrant into any submarket depends neither on the entrants identity nor on its history in other submarkets. This allows researchers to bring together the roles of strategic interactions and of independence effects. The result is that the considerations motivating the cross-section tradition and those motivating the growth-of-firms tradition both drop out within a single game-theoretic model. This book follows Sutton's Sunk Costs and Market Structure, published by MIT Press in 1991.

Rethinking Macroeconomics with Endogenous Market Structure

Author : Marco Mazzoli
Publisher : Cambridge University Press
ISBN 13 : 1108482600
Total Pages : 251 pages
Book Rating : 4.1/5 (84 download)

DOWNLOAD NOW!

Book Synopsis Rethinking Macroeconomics with Endogenous Market Structure by : Marco Mazzoli

Download or read book Rethinking Macroeconomics with Endogenous Market Structure written by Marco Mazzoli and published by Cambridge University Press. This book was released on 2019-12-19 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The last decade has seen a lively debate in macroeconomics, with an increasing criticism on the model that seemed to be dominant in literature since the end of the 1990's, the Dynamic Stochastic General Equilibrium (DSGE, hereafter) and, consequently, the birth of some new theoretical approaches and methodologies"--

Strategic Interaction and Markets

Author : Jean Jaskold Gabszewicz
Publisher :
ISBN 13 : 9780191596292
Total Pages : 91 pages
Book Rating : 4.5/5 (962 download)

DOWNLOAD NOW!

Book Synopsis Strategic Interaction and Markets by : Jean Jaskold Gabszewicz

Download or read book Strategic Interaction and Markets written by Jean Jaskold Gabszewicz and published by . This book was released on 1999 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imperfect competition is the paradigm that develops as soon as economic agents interact in a conscious manner. This text explores the theoretical richness of these economic contexts using some tools of game theory.

The Unity of the Capitalist Economy and State

Author : Geert Reuten
Publisher : Historical Materialism
ISBN 13 : 9781642593730
Total Pages : 727 pages
Book Rating : 4.5/5 (937 download)

DOWNLOAD NOW!

Book Synopsis The Unity of the Capitalist Economy and State by : Geert Reuten

Download or read book The Unity of the Capitalist Economy and State written by Geert Reuten and published by Historical Materialism. This book was released on 2020-09 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.

The Economy as a Complex Spatial System

Author : Pasquale Commendatore
Publisher : Springer
ISBN 13 : 3319656279
Total Pages : 227 pages
Book Rating : 4.3/5 (196 download)

DOWNLOAD NOW!

Book Synopsis The Economy as a Complex Spatial System by : Pasquale Commendatore

Download or read book The Economy as a Complex Spatial System written by Pasquale Commendatore and published by Springer. This book was released on 2017-09-18 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY-NC 4.0 license. This collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and policy evaluation”. Visualizing the EU as a complex and multi-layered network, the book is organized in three parts, each of them dealing with a different level of analysis: At the macro-level, Part I considers the interactions within large economic systems (regions or countries) involving trade, workers migration, and other factor movements. At the meso-level, Part II discusses interactions within specific but wide-ranging markets, with a focus on financial markets and banking systems. Lastly, at the micro-level, Part III explores the decision-making of single firms, especially in the context of location decisions.

Complex Economics

Author : Alan Kirman
Publisher : Routledge
ISBN 13 : 1136941673
Total Pages : 366 pages
Book Rating : 4.1/5 (369 download)

DOWNLOAD NOW!

Book Synopsis Complex Economics by : Alan Kirman

Download or read book Complex Economics written by Alan Kirman and published by Routledge. This book was released on 2010-09-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analysing the economy which takes this point of view. The economy should be considered as a complex adaptive system in which the agents constantly react to, influence and are influenced by, the other individuals in the economy. In such systems which are familiar from statistical physics and biology for example, the behaviour of the aggregate cannot be deduced from the behaviour of the average, or "representative" individual. Just as the organised activity of an ants’ nest cannot be understood from the behaviour of a "representative ant" so macroeconomic phenomena should not be assimilated to those associated with the "representative agent". This book provides examples where this can clearly be seen. The examples range from Schelling’s model of segregation, to contributions to public goods, the evolution of buyer seller relations in fish markets, to financial models based on the foraging behaviour of ants. The message of the book is that coordination rather than efficiency is the central problem in economics. How do the myriads of individual choices and decisions come to be coordinated? How does the economy or a market, "self organise" and how does this sometimes result in major upheavals, or to use the phrase from physics, "phase transitions"? The sort of system described in this book is not in equilibrium in the standard sense, it is constantly changing and moving from state to state and its very structure is always being modified. The economy is not a ship sailing on a well-defined trajectory which occasionally gets knocked off course. It is more like the slime described in the book "emergence", constantly reorganising itself so as to slide collectively in directions which are neither understood nor necessarily desired by its components.

Strategic Interaction

Author : Erving Goffman
Publisher : University of Pennsylvania Press
ISBN 13 : 0812210115
Total Pages : 155 pages
Book Rating : 4.8/5 (122 download)

DOWNLOAD NOW!

Book Synopsis Strategic Interaction by : Erving Goffman

Download or read book Strategic Interaction written by Erving Goffman and published by University of Pennsylvania Press. This book was released on 1970 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two essays in this classic work by sociologist Erving Goffman deal with the calculative, gamelike aspects of human interaction. Goffman examines the strategy of words and deeds; he uses the term "strategic interaction" to describe gamelike events in which an individual's situation is fully dependent on the move of one's opponent and in which both players know this and have the wit to use this awareness for advantage. Goffman aims to show that strategic interaction can be isolated analytically from the general study of communication and face-to-face interaction. The first essay addresses expression games, in which a participant spars to discover the value of information given openly or unwittingly by another. The author uses vivid examples from espionage literature and high-level political intrigue to show how people mislead one another in the information game. Both observer and observed create evidence that is false and uncover evidence that is real. In "Strategic Interaction," the book's second essay, action is the central concern, and expression games are secondary. Goffman makes clear that often, when it seems that an opponent sets off a course of action through verbal communication, he really has a finger on your trigger, your chips on the table, or your check in his bank. Communication may reinforce conduct, but in the end, action speaks louder. Those who gamble with their wits, and those who study those who do, will find this analysis important and stimulating.

New Developments in the Analysis of Market Structure

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

DOWNLOAD NOW!

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