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Equilibrium Industry Structure With Sequential Technology Choice
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Book Synopsis The Theory of Industrial Organization by : Jean Tirole
Download or read book The Theory of Industrial Organization written by Jean Tirole and published by MIT Press. This book was released on 1988-08-26 with total page 1482 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of Industrial Organization is the first primary text to treat the new industrial organization at the advanced-undergraduate and graduate level. Rigorously analytical and filled with exercises coded to indicate level of difficulty, it provides a unified and modern treatment of the field with accessible models that are simplified to highlight robust economic ideas while working at an intuitive level. To aid students at different levels, each chapter is divided into a main text and supplementary section containing more advanced material. Each chapter opens with elementary models and builds on this base to incorporate current research in a coherent synthesis. Tirole begins with a background discussion of the theory of the firm. In Part I he develops the modern theory of monopoly, addressing single product and multi product pricing, static and intertemporal price discrimination, quality choice, reputation, and vertical restraints. In Part II, Tirole takes up strategic interaction between firms, starting with a novel treatment of the Bertrand-Cournot interdependent pricing problem. He studies how capacity constraints, repeated interaction, product positioning, advertising, and asymmetric information affect competition or tacit collusion. He then develops topics having to do with long term competition, including barriers to entry, contestability, exit, and research and development. He concludes with a "game theory user's manual" and a section of review exercises. Important Notice: The digital edition of this book is missing some of the images found in the physical edition.
Book Synopsis Journal of Economic Theory by : Karl Shell
Download or read book Journal of Economic Theory written by Karl Shell and published by . This book was released on 1993 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis International Journal of Industrial Organization by :
Download or read book International Journal of Industrial Organization written by and published by . This book was released on 1996 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis R & D, Innovation and Industrial Structure by : Boris Maurer
Download or read book R & D, Innovation and Industrial Structure written by Boris Maurer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: The common topic of this collection of studies is the interaction between innova tive activity of firms and industrial structure. I call this interaction technological competition. Firms invest into R&D in order to open up new or enlarge existing profit opportuni ties for the future. A successful R&D-project leads to an innovation. An innovation introduced into the market changes the competitive structure of the industry. At the same time the structure of the industry shapes the incentives to invest into R&D. What matters for these incentives is not so much the existing structure but the expected dynamic evolution of that industry which is again dependent on the innovative choice of firms. Amongst other things, the dynamic of industry evolution is therefore rooted in the dynamics of ongoing innovative activity. Of course, this is not always the whole sto ry. There are (more or less) exogenous factors, like knowledge spillovers from other sectors of the economy, technological breakthroughs in basic research that directly influence the state of competition in an industry by providing additional profit op portunities, etc. The same is true for exogenous changes in upstream markets or demand conditions. My main interest here is not primarily to understand these exogenous forces, but to develop a theory of how the process of firms' innovative activity is shaped by competition and in turn shapes future competition between firms in an industry.
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.
Book Synopsis Essays in Industrial Organization and Regulation by : Luís Martins-Barata Cabral
Download or read book Essays in Industrial Organization and Regulation written by Luís Martins-Barata Cabral and published by . This book was released on 1989 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Economic Literature written by and published by . This book was released on 1999 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Barriers to Entry and Strategic Competition by : Paul Geroski
Download or read book Barriers to Entry and Strategic Competition written by Paul Geroski and published by Taylor & Francis. This book was released on 1990 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1990. Routledge is an imprint of Taylor & Francis, an informa company.
Book Synopsis Excess Capacity in International Markets by : Brad Barham
Download or read book Excess Capacity in International Markets written by Brad Barham and published by . This book was released on 1988 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Game Theory with Economic Applications: Game of chess by : Robert J. Aumann
Download or read book Handbook of Game Theory with Economic Applications: Game of chess written by Robert J. Aumann and published by . This book was released on 1992 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sequential Provision of Public Goods by : Hal R. Varian
Download or read book Sequential Provision of Public Goods written by Hal R. Varian and published by . This book was released on 1990 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Game Theory with Economic Applications by : R.J. Aumann
Download or read book Handbook of Game Theory with Economic Applications written by R.J. Aumann and published by North Holland. This book was released on 1992-11-19 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume of the Handbook of Game Theory with Economic Applications, to be followed by two additional volumes. Game Theory has developed greatly in the last decade, and today it is an essential tool in much of economic theory. The three volumes will cover the fundamental theoretical aspects, a wide range of applications to economics, several chapters on applications to political science, and individual chapters on relations with other disciplines. The topics covered in the present volume include chess-playing computers, an introduction to the non-cooperative theory, repeated games, bargaining theory, auctions, location, entry deterrence, patents, the cooperative theory and its applications, and the relation between Game Theory and ethics. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes
Download or read book Revue Canadienne D'économique written by and published by . This book was released on 1993 with total page 1098 pages. Available in PDF, EPUB and Kindle. Book excerpt: A general interest journal in economics.
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.
Book Synopsis The New Industrial Economics by : George Norman
Download or read book The New Industrial Economics written by George Norman and published by . This book was released on 1992 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text presents an integrated account of industrial economics, oligopoly and game theory.
Book Synopsis Economics Working Papers: a Bibliography by :
Download or read book Economics Working Papers: a Bibliography written by and published by . This book was released on 1986 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economy As An Evolving Complex System by : Philip W. Anderson
Download or read book The Economy As An Evolving Complex System written by Philip W. Anderson and published by CRC Press. This book was released on 2018-03-12 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proceeds from a meeting at the Santa Fe Institute where economists and physical and biological scientists came together to discuss a conceptual framework incorporating a more appropriate mathematics with a greatly strengthened capacity to deal simultaneously with multiple variables, nonlinearity, incomplete information and dynamical processes.
