Price And Nonprice Rivalry In Oligopoly
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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.
Price And Nonprice Rivalry In Oligopoly
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Author : Robert E. Kuenne
language : en
Publisher:
Release Date : 1998
Price And Nonprice Rivalry In Oligopoly written by Robert E. Kuenne and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
The Economics Of Oligopolistic Competition
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Author : Robert E. Kuenne
language : en
Publisher: Wiley-Blackwell
Release Date : 1992
The Economics Of Oligopolistic Competition written by Robert E. Kuenne and has been published by Wiley-Blackwell this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.
Professor Kuenne is a leading authority in the field of economic theory, having made significant contributions to the fields of general equilibrium theory, industrial organization and regional science. This volume focuses on the development and exposition of a new theory of oligopoly which is asserted to have certain advantages over game theoretic approaches. It is designed to be opertional, to be capable of fitting within general equilibrium frameworks, to permit multiobjective optimization by firms, and to be soluble by nonlinear programming techniques. Most importantly, Professor Kuenne develops themes concerning the need to incorporate within oligopoly a blending of the cooperative and competitive that typifies the price strategies of oligopolists within most industries with small numbers of competitors. Unlike game theory, this approach permits analysis of the peculiar socioeconomic power structure that develops within oligopolies and constrains members′ decision-making freedom. This power structure can be derived exogenously or endogenously in the modelling. The theory is developed fully with extensive empirical application, particularly to decision making within the OPEC petroleum cartel in the 1970s.
The Theory Of Monopolistic Competition
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Author : Edward Chamberlin
language : en
Publisher:
Release Date : 1962
The Theory Of Monopolistic Competition written by Edward Chamberlin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1962 with Business & Economics categories.
Chamberlain's classic work, now in its eighth edition, continues to influence the fundamental thinking of economists and businessmen, and for the best of reasons: It is a basic treatise in theory which, unlike traditional theories of "perfect competition," deals with the economic world we live in, including both price and nonprice competition, oligopoly, various degrees of monopoly, "differentiated" products, advertising, etc. Its influence has spread extensively as well as intensively--to new theoretical problems, such as economic dynamics and development, and to the analysis of an increasingly wide range of the so-called "applied" fields. In this eighth edition of The Theory of Monopolistic Competition Professor Chamberlain has added three new appendices: The Definition of Selling Costs; Numbers and Elasticities; and The Origin and Early Development of Monopolistic Competition Theory. The index has been extensively revised and expanded. In successive earlier editions the author compiled a bibliography of 1497 items. He also added a new treatment of the cost curve of the firm, discussing in particular some current misconceptions as to the role of the laws of proportions and of the divisibility of factors in relation to economics and diseconomies of scale, and advancing a broader theory which assigns to both proportions and scale their proper roles.
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.
Price And Non Price Competition In Oligopoly An Analysis Of Relative Payoff Maximizers
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Author : Hamed M. Moghadam
language : en
Publisher:
Release Date : 2015
Price And Non Price Competition In Oligopoly An Analysis Of Relative Payoff Maximizers written by Hamed M. Moghadam and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Price And Non Price Competition
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Author : Mokhtar M. Metwally
language : en
Publisher:
Release Date : 1976
Price And Non Price Competition written by Mokhtar M. Metwally and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business & Economics categories.
Oligopoly Pricing
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Author : Xavier Vives
language : en
Publisher: MIT Press (MA)
Release Date : 1999
Oligopoly Pricing written by Xavier Vives and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
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.
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.
Price Discrimination
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-03-27
Price Discrimination 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 2024-03-27 with Business & Economics categories.
What is Price Discrimination Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different market segments. Price discrimination is distinguished from product differentiation by the more substantial difference in production cost for the differently priced products involved in the latter strategy. Price differentiation essentially relies on the variation in the customers' willingness to pay and in the elasticity of their demand. For price discrimination to succeed, a firm must have market power, such as a dominant market share, product uniqueness, sole pricing power, etc. All prices under price discrimination are higher than the equilibrium price in a perfectly competitive market. However, some prices under price discrimination may be lower than the price charged by a single-price monopolist. Price discrimination is utilized by the monopolist to recapture some deadweight loss. This Pricing strategy enables firms to capture additional consumer surplus and maximize their profits while benefiting some consumers at lower prices. Price discrimination can take many forms and is prevalent in many industries, from education and telecommunications to healthcare. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Price discrimination Chapter 2: Monopoly Chapter 3: Monopolistic competition Chapter 4: Oligopoly Chapter 5: Perfect competition Chapter 6: Imperfect competition Chapter 7: Deadweight loss Chapter 8: Two-part tariff Chapter 9: Pricing Chapter 10: Barriers to entry Chapter 11: Yield management Chapter 12: Market power Chapter 13: Non-price competition Chapter 14: Market structure Chapter 15: Pricing strategies Chapter 16: Dynamic pricing Chapter 17: Revenue management Chapter 18: Value-based pricing Chapter 19: Rental value Chapter 20: Profit (economics) Chapter 21: Monopoly price (II) Answering the public top questions about price discrimination. (III) Real world examples for the usage of price discrimination 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 Price Discrimination.