Oligopolies A Definition Of Oligopolistic Markets
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Oligopolies A Definition Of Oligopolistic Markets
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Author : Andreas Wellmann
language : en
Publisher: GRIN Verlag
Release Date : 2004-02-22
Oligopolies A Definition Of Oligopolistic Markets written by Andreas Wellmann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-22 with Business & Economics categories.
Essay from the year 2004 in the subject Economics - Micro-economics, grade: 72%, University of Bradford (-), course: Micro-Economics, 16 entries in the bibliography, language: English, abstract: The phrase oligopoly is derived from the Greek language and means “few sellers”. Sloman & Sutcliffe (2001) defines an oligopoly as a type of imperfect market in which a ‘few firms between them share a large proportion of the industry.’ (p.236). Thus, industries like oligopolies are dominated by a small number of manufacturers that may produce either differentiated or nearly identical products. It is necessary to distinguish between two types of oligopoly structures. Therefore Harrison, Smith & Davies (1992) suggests the distinction between perfect oligopoly and imperfect oligopoly. Perfect oligopolies feature market players that produce nearly identical products such as sugar or CD’s whereas imperfect oligopolies distinguish themselves by differentiated products like cars or airplanes. [...]
Oligopoly Theory
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Author : James Friedman
language : en
Publisher: CUP Archive
Release Date : 1983-09-30
Oligopoly Theory written by James Friedman and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983-09-30 with Business & Economics categories.
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.
Size And Price In Oligopoly
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Author : Hans Schoch
language : en
Publisher:
Release Date : 1981
Size And Price In Oligopoly written by Hans Schoch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Capital categories.
Oligopoly And Technical Progress
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Author : Paolo Sylos Labini
language : en
Publisher: Cambridge : Harvard University Press
Release Date : 1969
Oligopoly And Technical Progress written by Paolo Sylos Labini and has been published by Cambridge : Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with Business & Economics categories.
Price And Nonprice Rivalry In Oligopoly
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Author : Robert E. Kuenne
language : en
Publisher: Springer
Release Date : 2016-01-20
Price And Nonprice Rivalry In Oligopoly written by Robert E. Kuenne and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-20 with Business & Economics categories.
The theory of price and quality decision-making in industries with a few firms which recognize their mutual interdependence is of increasing interest to economists and policy makers. This book introduces a novel theory of that decision-making, based upon the notion of the industry as a community of agents who are involved in both competitive and cooperative relationships. It develops theories and illustrates methodological approaches to the analysis of price and quality decision-making in such instances of a 'rivalrous consonance of interests' among firms.
Oligopoly An Empirical Approach
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Author : Roger Sherman
language : en
Publisher:
Release Date : 1972
Oligopoly An Empirical Approach written by Roger Sherman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
Rivalrous Consonance A Theory Of General Oligopolistic Equilibrium
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Author : R.E. Kuenne
language : en
Publisher: Elsevier
Release Date : 2014-06-28
Rivalrous Consonance A Theory Of General Oligopolistic Equilibrium written by R.E. Kuenne and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.
The book is an attempt to construct frameworks for the analysis of oligopoly which combine both the rivalrous and cooperative elements in the market structure of mature oligopolistic industries. It provides an alternative approach to those of game theory and conjectural variation, and does so in a fashion that permits: - the development of a general equilibrium framework that incorporates oligolopy - operational analysis of pricing policies in oligolopy - the tailoring of the analytical framework to the specifics of an industry within the context of multiobjective decision making. The book stresses the need for economic theory to move away from the search for universal theorems concerning oligopolistic behaviour, and to develop a body of specific industry analyses using ``simulative theorizing''.
Competition Among The Few
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Author : William Fellner
language : en
Publisher:
Release Date : 1960
Competition Among The Few written by William Fellner and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1960 with Competition categories.
New Developments In The Analysis Of Market Structure
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Author : International Economic Association
language : en
Publisher: MIT Press
Release Date : 1986
New Developments In The Analysis Of Market Structure written by International Economic Association and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
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
Theories Of Imperfectly Competitive Markets
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Author : Luis C. Corchon
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17
Theories Of Imperfectly Competitive Markets written by Luis C. Corchon and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-17 with Business & Economics categories.
The ambition of the theory of imperfectly competitive markets is to explain the working of markets in which the issue of strategic interaction among firms is central. Our analysis of this problem will be based on equilibrium concepts borrowed from Game Theory. This research program arises several questions on its feasibility like the empirical relevance of the results, the substantial theoretical insights obtained in this way, etc. Unfortunately, most of these questions can not be answered in the short run. This book is written in the hope that this research strategy is meaningful, but about its final success no body can tell. Another important question is if simpler models could deliver the essential insights offered by the theory of imperfectly competitive mar kets. This Introduction will be devoted to argue that, currently, there is no alternative to the approach presented in this book. Consider the following fact: A square inch of soil in the Explanada of Ali cante (located in front of the sea, right in the middle of downtown) cost several times more than a square inch of soil in San Vicente del Raspeig (located sev eral miles toward the interior of the peninsula). l How can we explain such a thing? First notice that because of the large quantity of possible traders involved in this market, we can safely assume that any agent has to accept the market price, i. e. is a price-taker.