Tight Oligopolies
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Tight Oligopolies
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Author : Marcel Canoy
language : en
Publisher:
Release Date : 2003
Tight Oligopolies written by Marcel Canoy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Administrative remedies categories.
Antitrust And Distribution Problems In Tight Oligopolies
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Author : Jost J. Schmidt
language : en
Publisher:
Release Date : 1973
Antitrust And Distribution Problems In Tight Oligopolies written by Jost J. Schmidt and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with categories.
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, 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. [...]
The Relative Rigidity Of Monopoly Pricing Classic Reprint
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Author : Julio J. Rotemberg
language : en
Publisher: Forgotten Books
Release Date : 2018-02-23
The Relative Rigidity Of Monopoly Pricing Classic Reprint written by Julio J. Rotemberg and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-23 with Business & Economics categories.
Excerpt from The Relative Rigidity of Monopoly Pricing The relationship between industry structure and pricing is a major focus of Industrial Organization. One of the most striking facts to have emerged about this relationship is that monopolists tend to change their prices less frequently than tight oligopolies. Although the first evidence in this regard was presented by Stigler (1947) almost forty years ago, no theoretical explanations have been offered. The objective of this papergis to develop models capable of explaining these facts. Stigler's objective in comparing the relative rigidity of monopoly and dqoly prices was to test the kinked demand curve theory of Hall and Hitch (1939) and Sweezy Since the work of Gardiner Means (1935) seemed to show that concentrated industries exhibited greater price rigidity than their unconcentrated counterparts, the kinked demand curve was developed and embraced as providing a theoretical foundation for the rigidity of prices. It was widely regarded to be an implication of that theory that du0polists would not change their prices in response to small changes in their costs. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The Relative Rigidity Of Monopoly Pricing
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Author : Julio J. Rotemberg
language : en
Publisher:
Release Date : 1987
The Relative Rigidity Of Monopoly Pricing written by Julio J. Rotemberg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Economics, Mathematical categories.
Abstract: produced the same tange of products as the duopoly.
Eec Merger Control And The Oligopoly
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Author : Bruno Dupré
language : en
Publisher:
Release Date : 1993
Eec Merger Control And The Oligopoly written by Bruno Dupré and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Consolidation and merger of corporations categories.
Competition And Efficiency In Congested Markets
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Author : Daron Acemoglu
language : en
Publisher:
Release Date : 2006
Competition And Efficiency In Congested Markets written by Daron Acemoglu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Competition categories.
We study the efficiency of oligopoly equilibria in congested markets. The motivating examples are the allocation of network flows in a communication network or of traffic in a transportation network. We show that increasing competition among oligopolists can reduce efficiency, measured as the difference between users' willingness to pay and delay costs. We characterize a tight bound of 5/6 on efficiency in pure strategy equilibria when there is zero latency at zero flow and a tight bound of 2 root2-2 with positive latency at zero flow. These bounds are tight even when the numbers of routes and oligopolists are arbitrarily large. Keywords: competition, congestion, externalities, networks, oligopoly. JEL Classifications: D43, D45, D62.
Competitive Solutions
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Author : R. Preston McAfee
language : en
Publisher: Princeton University Press
Release Date : 2009-04-11
Competitive Solutions written by R. Preston McAfee 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 2009-04-11 with Business & Economics categories.
Competitive Solutions is an entertaining and wideranging introduction to successful business methods applied to a variety of real-world situations. Rejecting the one-size-fits-all premise that underlies so many guides to business strategy, Preston McAfee develops the intellectual tools and insights needed to confront many marketplace problems. Drawing on his broad experience as a consultant for major U.S. companies, as well as extensive research, McAfee emphasizes cooperation, pricing, litigation, and antitrust as vital to a firm's competitive posture--and focuses more attention on these elements than do most business strategy accounts. McAfee begins by considering strategy as successfully applied by America OnLine, an example that introduces many of the tools discussed in greater depth throughout the book. From here he moves to industry analysis: By examining the context for developing a strategy, he points out uses of positioning and differentiation that enable a firm to weaken price competition and deter rivals from stealing customers. McAfee's exploration of a product's life cycle proves an invaluable guide to positioning new technology in order to maximize the potential for future customers. In the centerpiece of the book, McAfee lays out a how-to manual for cooperation, providing tactics crucial for setting standards, lobbying the government, and fostering industry growth. Writing in a conversational manner, McAfee also addresses such deep topics as organizational design and employee compensation and incentives. More detailed discussions examine antitrust enforcement, which is an increasingly important constraint on strategy, as well as strategies for pricing, bidding, signaling, and bargaining. This book is a fascinating examination of modern business strategy and its application in many different settings. Students of business and economics--as well as executives and managers--will recognize Competitive Solutions as an indispensable resource as well as a definitive vision of the strategic firm: one in which each element of company strategy reinforces the other elements.
Combatting Anticompetitive Interlocks
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Author : Michael Jacobs
language : en
Publisher:
Release Date : 2014
Combatting Anticompetitive Interlocks written by Michael Jacobs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Interlocking directorates, or management interlocks, appear to be relatively common occurrences in many countries. While the practice generally is not considered to be harmful to competition, interlocks that involve competitors can raise serious concerns because of the potential to facilitate collusion or otherwise contribute to the establishment or maintenance of tacit or oligopolistic coordination. Those concerns may be particularly acute in small economies like Chile, which are characterized by tight oligopolies and limited enforcement resources. While competition authorities in Chile have been able to address competitively troublesome interlocks in a few instances, this paper contends that the current framework there -- as it is likely to be in similar small and emerging economies -- is inadequate for dealing with the problem in a systematic and cost-effective manner. Rather, it argues that following the model of section 8 of the Clayton Act, with an absolute ban on direct competitor interlocks and perhaps de minimus exceptions tailored for the particular economy, provides a far more useful template to address the issue. Other interlocks that do not involve direct competitors, but that otherwise raise competitive issues, could be addressed under the general competition laws. Such an approach provides an efficient and economical tool for avoiding the potential harms that can accompany anticompetitive interlocks, while still allowing companies to benefit from the practice in situations that are unlikely to raise competitive issues.
The Energy Industry Organization And Public Policy
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Author :
language : en
Publisher:
Release Date : 1974
The Energy Industry Organization And Public Policy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Energy policy categories.