Spatial Price Theory Of Imperfect Competition

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Spatial Price Theory of Imperfect Competition

Author : Hiroshi Ohta
Publisher : Texas A&M University Press
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Spatial Price Theory of Imperfect Competition by : Hiroshi Ohta

Download or read book Spatial Price Theory of Imperfect Competition written by Hiroshi Ohta and published by Texas A&M University Press. This book was released on 1988 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.

The Economics of Imperfect Competition

Author : Melvin L. Greenhut
Publisher : Cambridge University Press
ISBN 13 : 9780521315647
Total Pages : 432 pages
Book Rating : 4.3/5 (156 download)

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Book Synopsis The Economics of Imperfect Competition by : Melvin L. Greenhut

Download or read book The Economics of Imperfect Competition written by Melvin L. Greenhut and published by Cambridge University Press. This book was released on 1987-01-30 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a "new" microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.

Microeconomic Theories of Imperfect Competition

Author : Jean Jaskold Gabszewicz
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 856 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Microeconomic Theories of Imperfect Competition by : Jean Jaskold Gabszewicz

Download or read book Microeconomic Theories of Imperfect Competition written by Jean Jaskold Gabszewicz and published by Edward Elgar Publishing. This book was released on 1999 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of readings provides a broad overview of the major theoretical concepts in the field and includes papers on industry size, quantity and price competition, entry barriers, product differentiation, incomplete information and general equilibrium with imperfect competition.

The Economics of New Goods

Author : Timothy F. Bresnahan
Publisher : University of Chicago Press
ISBN 13 : 0226074188
Total Pages : 508 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Economics of New Goods by : Timothy F. Bresnahan

Download or read book The Economics of New Goods written by Timothy F. Bresnahan and published by University of Chicago Press. This book was released on 2008-04-15 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan. This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.

Discrete Choice Theory of Product Differentiation

Author : Simon P. Anderson
Publisher : MIT Press
ISBN 13 : 9780262011280
Total Pages : 454 pages
Book Rating : 4.0/5 (112 download)

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Book Synopsis Discrete Choice Theory of Product Differentiation by : Simon P. Anderson

Download or read book Discrete Choice Theory of Product Differentiation written by Simon P. Anderson and published by MIT Press. This book was released on 1992 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.

Economics of Agglomeration

Author : Masahisa Fujita
Publisher : Cambridge University Press
ISBN 13 : 9780521805247
Total Pages : 484 pages
Book Rating : 4.8/5 (52 download)

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Book Synopsis Economics of Agglomeration by : Masahisa Fujita

Download or read book Economics of Agglomeration written by Masahisa Fujita and published by Cambridge University Press. This book was released on 2002-05-02 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the first unifying treatment of the range of economic reasons for the clustering of firms and households. Its goal is to explain further the trade-off between various forms of increasing returns and different types of mobility costs. Although referring to agglomeration as a generic term is convenient, it should be noted that the concept of economic agglomeration refers to distinct real world situations. The main focus of the treatment is on cities, but it also explores the formation of agglomerations, such as commercial districts within cities, industrial clusters at the regional level, and the existence of imbalance between regions. The book is rooted within the realm of modern economics and borrows concepts from geography and regional science, which makes it accessible to a broad audience formed by economists, geographers, regional planners, and other scientists. It may be used in coursework for graduate students and upper-level undergraduates.

The Monopolistic Competition Revolution in Retrospect

Author : Steven Brakman
Publisher : Cambridge University Press
ISBN 13 : 9781107402430
Total Pages : 0 pages
Book Rating : 4.4/5 (24 download)

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Book Synopsis The Monopolistic Competition Revolution in Retrospect by : Steven Brakman

Download or read book The Monopolistic Competition Revolution in Retrospect written by Steven Brakman and published by Cambridge University Press. This book was released on 2011-07-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched "the second monopolistic competition revolution". Experts in the areas of macroeconomics, international trade theory, economic geography, and international growth theory examine the success of the second revolution in this collection of papers. They reveal what appears to be "missing" and look forward to the next step in the modelling of imperfectly competitive markets. The text includes a comprehensive survey of the two monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.

Network Economics

Author : Anna Nagurney
Publisher : Springer Science & Business Media
ISBN 13 : 1475730055
Total Pages : 423 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Network Economics by : Anna Nagurney

Download or read book Network Economics written by Anna Nagurney and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the first edition of Network Economics: A Variational Inequality Approach in 1993, there have been many ad vances in both methodological developments, as well as, applications in this field. These have occurred in an environment of an increasingly networked global economy, in which the importance of transportation networks and communication networks is now well-recognized, with net works such as knowledge networks, environmental networks, and finan cial networks receiving growing attention. This edition adds recent research progress in new and evolving ar eas of network economics through common and unifying principles. In addition, it includes dynamic models of traffic, of spatially separated markets, of oligopolistic markets, and of financial markets. In order to expand the range and reach of this material, we have also included a series of problems in an appendix for self-study purposes and for use in the classroom. We note that computational economics has been at the forefront in stimulating the development of mathematical methodologies for the analysis and solution of complex, large-scale problems. The past fifteen years, in particular, have witnessed a dramatic growth of interest in this area. Supported by the increasing availability of data and by advances in computer architectures, the scale and dimensions of problems that can now be handled are unveiling new horizons in both theoretical modeling and policy analysis.

Towards a More General Theory of Value

Author : Edward Chamberlin
Publisher : New York : Oxford University Press
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Towards a More General Theory of Value by : Edward Chamberlin

Download or read book Towards a More General Theory of Value written by Edward Chamberlin and published by New York : Oxford University Press. This book was released on 1957 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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)

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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

Economics of Imperfect Competition and Employment

Author : George R. Feiwel
Publisher : Springer
ISBN 13 : 1349086304
Total Pages : 823 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis Economics of Imperfect Competition and Employment by : George R. Feiwel

Download or read book Economics of Imperfect Competition and Employment written by George R. Feiwel and published by Springer. This book was released on 1989-06-18 with total page 823 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study and its companion, "Joan Robinson and Economic Theory" looks at Joan Robinson, her impact upon modern economics, her challenges and critiques, and the advances made in the science and art of economics. It studies her ideas, themes and concerns from many different perspectives.

Does Economic Space Matter?

Author : Hiroshi Ohta
Publisher : Springer
ISBN 13 : 1349229067
Total Pages : 442 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Does Economic Space Matter? by : Hiroshi Ohta

Download or read book Does Economic Space Matter? written by Hiroshi Ohta and published by Springer. This book was released on 1993-09-15 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a Festschrift to honour Professor Melvin Greenhut who has long toiled on spatial economics. The book accordingly focuses on a single question: in what sense 'economic space' matters in economic theory. Space in economics is an elusive concept, apparently separating and embracing economic agents at the same time. This is why adding it to already overly complicated economic agents at the same time. This is why adding it to already overly complicated economic models may not necessarily help economics to become sufficiently realistic. In this book, leading scholars of international stature try to find ways of introducing space in economic theory which will make it simpler and more realistic, analysing theoretical and historical issues of contemporary relevance, such as land use, congestion and public goods, location theory and spatial competition.

Equilibrium and Disequilibrium in Economic Theory

Author : G. Schwödiauer
Publisher : Springer Science & Business Media
ISBN 13 : 9401011559
Total Pages : 768 pages
Book Rating : 4.4/5 (1 download)

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Book Synopsis Equilibrium and Disequilibrium in Economic Theory by : G. Schwödiauer

Download or read book Equilibrium and Disequilibrium in Economic Theory written by G. Schwödiauer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is the result of a conference held at the Institute for Advanced Studies, Vienna. There is still a gap reflected both in fundamental meth odological differences and in the style of analysis between the Walrasian (and Edgeworthian) tradition of general equilibrium theory and the theo retical and policy problems raised in the framework of Keynesian and post-Keynesian macroeconomics. The conference succeeded in bringing together economic theorists working in fields ranging from abstract prob lems of mathematical equilibrium analysis to applied macroeconomic theory, and it is hoped that the present volume will contribute to bridging the above-mentioned hiatus. As organizer of the meeting and editor of its proceedings I want to thank the Institute for Advanced Studies for providing facilities and funds. I am also sincerely grateful to all my colleagues from the Institute for their generous help, in particular to Mrs Monika Herkner without whose assistance and organizational talent the conference would certainly not have been the success it in fact - in the opinion of all participants - turned out to have been. Furthermore, I wish to express my gratitude towards all participants in the meeting and contributors to the volume whose patient support of the whole enterprise proved indispensable. To Mrs Elfriede Auracher I am deeply indebted for her skillful and effective general management of the editorial work and her invaluable assistance in compiling the indexes.

Evolutionary Spatial Economics

Author : Miroslav N. Jovanović
Publisher : Edward Elgar Publishing
ISBN 13 : 1785368990
Total Pages : 831 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Evolutionary Spatial Economics by : Miroslav N. Jovanović

Download or read book Evolutionary Spatial Economics written by Miroslav N. Jovanović and published by Edward Elgar Publishing. This book was released on 2020-01-31 with total page 831 pages. Available in PDF, EPUB and Kindle. Book excerpt: A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.

Modern Macroeconomics with Historical Perspectives

Author : Shuetsu Takahashi
Publisher : Springer Nature
ISBN 13 : 9819910676
Total Pages : 209 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Modern Macroeconomics with Historical Perspectives by : Shuetsu Takahashi

Download or read book Modern Macroeconomics with Historical Perspectives written by Shuetsu Takahashi and published by Springer Nature. This book was released on 2023-08-28 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives readers advanced insights into macroeconomics with historical perspectives and proposes policies to resolve the problems the Japanese economy faces. In the past decade, Japan has experienced a rapidly aging population with an ever-decreasing number of children. This causes significant problems related to macroeconomics covered by this book: a decreasing population, an increasing public debt, an increasing social security expenditure, and deteriorating labor productivity. Thus, the government must change the course it has followed until now. These problems can be categorized into two types: (1) human capital and (2) political institutions. The book therefore consists of two parts. The first, using a macroeconomic model, is mainly a discussion of health and education problems related to human capital. The second part deals with policy problems related to political institutions, that is, the intergenerational imbalance, preventive medicine, local public utilities, and other political issues. Through the arguments presented here, readers gain knowledge that will help to achieve the necessary economic policies in Japan.

The Nature of the Firm

Author : Oliver E. Williamson
Publisher : Oxford University Press, USA
ISBN 13 : 9780195083569
Total Pages : 260 pages
Book Rating : 4.0/5 (835 download)

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Book Synopsis The Nature of the Firm by : Oliver E. Williamson

Download or read book The Nature of the Firm written by Oliver E. Williamson and published by Oxford University Press, USA. This book was released on 1993 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.

The Economic Theory of Product Differentiation

Author : John Beath
Publisher : Cambridge University Press
ISBN 13 : 9780521335522
Total Pages : 220 pages
Book Rating : 4.3/5 (355 download)

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Book Synopsis The Economic Theory of Product Differentiation by : John Beath

Download or read book The Economic Theory of Product Differentiation written by John Beath and published by Cambridge University Press. This book was released on 1991-02-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.