Microeconomic Theories Of Imperfect Competition
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Microeconomic Theories Of Imperfect Competition
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Author : Jean Jaskold Gabszewicz
language : en
Publisher: Edward Elgar Publishing
Release Date : 1999
Microeconomic Theories Of Imperfect Competition written by Jean Jaskold Gabszewicz and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
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 Imperfect Competition
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Author : Melvin L. Greenhut
language : en
Publisher: Cambridge University Press
Release Date : 1987-01-30
The Economics Of Imperfect Competition written by Melvin L. Greenhut and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987-01-30 with Business & Economics categories.
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.
The Economics Of Imperfect Competition
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Author : Joan Robinson
language : en
Publisher: Springer
Release Date : 1969-07-01
The Economics Of Imperfect Competition written by Joan Robinson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969-07-01 with Business & Economics categories.
Topics In Microeconomics
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Author : Elmar Wolfstetter
language : en
Publisher: Cambridge University Press
Release Date : 1999-10-28
Topics In Microeconomics written by Elmar Wolfstetter and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-10-28 with Business & Economics categories.
This book in microeconomics focuses on the strategic analysis of markets under imperfect competition, incomplete information, and incentives. Part I of the book covers imperfect competition, from monopoly and regulation to the strategic analysis of oligopolistic markets. Part II explains the analytics of risk, stochastic dominance, and risk aversion, supplemented with a variety of applications from different areas in economics. Part III focuses on markets and incentives under incomplete information, including a comprehensive introduction to the theory of auctions, which plays an important role in modern economics.
Monopolistic Competition Theory Studies In Impact
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Author : Edward Chamberlin
language : en
Publisher: New York : Wiley
Release Date : 1967
Monopolistic Competition Theory Studies In Impact written by Edward Chamberlin and has been published by New York : Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Competition categories.
The Economic Theory Of Product Differentiation
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Author : John Beath
language : en
Publisher: Cambridge University Press
Release Date : 1991-02-22
The Economic Theory Of Product Differentiation written by John Beath and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-02-22 with Business & Economics categories.
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.
Monopolistic Competition
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-01-24
Monopolistic Competition written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-24 with Business & Economics categories.
What is Monopolistic Competition One sort of imperfect competition is known as monopolistic competition. In this type of competition, numerous producers compete against one another, but they provide items that are distinct from one another and, as a result, are not ideal substitutes. Monopolistic competition occurs when a company accepts the prices that are being charged by its competitors as indisputable and disregards the influence that its own pricing have on the prices that other companies charge. In the event that this occurs in the presence of a government that makes use of coercion, monopolistic competition will inevitably transform into monopoly granted by the government. The business, in contrast to ideal competition, keeps some capacity available for use. In the process of modeling industries, monopolistic competition models are frequently utilized. Examples of businesses that have market structures that are comparable to monopolistic competition can be found in textbooks. These industries include restaurants, cereals, apparel, shoes, and service industries particularly in large cities. Edward Hastings Chamberlin, who established the theory of monopolistic competition by publishing a groundbreaking book on the subject in 1933 titled Theory of Monopolistic Competition, is considered to be the "founding father" of the theory. A similar topic, namely the differentiation between perfect and imperfect competition, was the subject of a book written by Joan Robinson and titled The Economics of Imperfect Competition to be published. Additional research on monopolistic competition was carried out by Dixit and Stiglitz, who developed the Dixit-Stiglitz model. This model has been shown to be useful and has been utilized in the subfields of international trade theory, macroeconomics, and economic geography. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Monopolistic competition Chapter 2: Microeconomics Chapter 3: Monopoly Chapter 4: Oligopoly Chapter 5: Perfect competition Chapter 6: Imperfect competition Chapter 7: Two-part tariff Chapter 8: Price discrimination Chapter 9: Barriers to entry Chapter 10: Monopoly profit Chapter 11: Substitute good Chapter 12: Market power Chapter 13: Marginal revenue Chapter 14: Non-price competition Chapter 15: Market structure Chapter 16: Competition (economics) Chapter 17: Edward Chamberlin Chapter 18: Bilateral monopoly Chapter 19: Margin (economics) Chapter 20: Profit (economics) Chapter 21: Monopoly price (II) Answering the public top questions about monopolistic competition. (III) Real world examples for the usage of monopolistic competition in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Monopolistic Competition.
Strategic Multilateral Exchange
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Author : Jean Jaskold Gabszewicz
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-01-01
Strategic Multilateral Exchange written by Jean Jaskold Gabszewicz and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-01 with Business & Economics categories.
'To non-economists, it is hard to understand why economists spend so much effort on the competitive model whereas the world seems to be replete with large and powerful economic actors. In this respect, Jean Gabszewicz is atypical: he has spent most of his research time working on imperfectly competitive markets. However, instead of restricting himself to partial equilibrium analyses, he has tackled from the outset the problem of imperfect competition in a system of interrelated markets with the aim of studying how market power is spread throughout the whole system. This is one of the most challenging and fascinating tasks that economists face. But this is also a very hard one, and may explain why so few have tried. This book builds on the seminal contributions of Cournot and Edgeworth and does not intend to provide a full-fledged answer to the many questions raised by the general theory of imperfect competition. However, by presenting in a transparent way most of the problems that lie at the roots of imperfect competition in general equilibrium and by proposing various elegant solutions, it paves the way to any future research in the field. No doubt it will become a basic reference in the long run. The economics profession should thank Jean Gabszewicz for a fresh and daring way of looking at market power.' - Jacques Thisse, Université Catholique de Louvain, Belgium and École Nationale des Ponts et Chaussées, France Jean Gabszewicz's new book is devoted to the study of strategic multilateral exchange. Contrary to the classical competitive paradigm in which agents are assumed to behave as price takers, here traders are allowed to consciously behave as strategic agents who aim to influence trade to their own advantage. This is usually done in oligopoly theory using a partial equilibrium approach while in this case a system of interrelated markets is considered.
Microeconomic Foundations Ii
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Author : David M. Kreps
language : en
Publisher: Princeton University Press
Release Date : 2023-01-03
Microeconomic Foundations Ii written by David M. Kreps and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-03 with Business & Economics categories.
A cutting-edge introduction to key topics in modern economic theory for first-year graduate students in economics and related fields Volume II of Microeconomic Foundations introduces models and methods at the center of modern microeconomic theory. In this textbook, David Kreps, a leading economic theorist, emphasizes foundational material, concentrating on seminal work that provides perspective on how and why the theory developed. Because noncooperative game theory is the chief tool of modeling and analyzing microeconomic phenomena, the book stresses the applications of game theory to economics. And throughout, it underscores why theory is most useful when it supports rather than supplants economic intuition. Introduces first-year graduate students to the models and methods at the core of microeconomic theory today Covers an extensive range of topics, including the agency theory, market signaling, relational contracting, bilateral bargaining, auctions, matching markets, and mechanism design Stresses the use—and misuse—of theory in studying economic phenomena and shows why theory should support, not replace, economic intuition Includes extensive appendices reviewing the essential concepts of noncooperative game theory, with guidance about how it should and shouldn’t be used Features free online supplements, including chapter outlines and overviews, solutions to all the problems in the book, and more
Economics Of Imperfect Competition
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Author : Joan Robinson
language : en
Publisher:
Release Date : 1969-10
Economics Of Imperfect Competition written by Joan Robinson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969-10 with Competition, Imperfect categories.