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Author: Mario Baldassarri
Publisher: Springer
Published: 2016-07-27
Total Pages: 376
ISBN-13: 134912818X
DOWNLOAD EBOOKThe book has three main objectives. Firstly, to provide an up-dated analysis of the most important theoretical developments, secondly, to present significant empirical verifications and thirdly, to assess the micro-macro debate and the relations which link the market structure to the function of the economic system.
Author: D. Fudenberg
Publisher: Taylor & Francis
Published: 2013-06-17
Total Pages: 104
ISBN-13: 1136456120
DOWNLOAD EBOOKFudenberg and Tirole use the game-theoretic issues of information, commitment and timing to provide a realistic approach to oligopoly.
Author: Leslie Neubecker
Publisher: Springer Science & Business Media
Published: 2006-02-17
Total Pages: 237
ISBN-13: 3540295577
DOWNLOAD EBOOKDynamic oligopolistic competition has implications both for the strategic management of firms and for the design of an effective competition policy. Consequently, the present book considers the issue from a private and social perspective. It discusses the potential pro- and anticollusive effects of long-term business strategies, especially for cooperation and reinvestment in production, financing and management compensation, in markets with fluctuating demand. The method of supergame theory is applied to integrate long-run decisions and different types of demand into the analysis. Aside from its contributions to the theoretical literature, the book provides valuable insights into the design of competition policy. The observed development of prices is an indicator of the extent of collusion in the market and can thereby be used to assess antitrust regulation in certain business areas, and to focus the resources of competition authorities on markets where conditions are conducive to collusion.
Author: Ronald L. Goettler
Publisher:
Published: 2013
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKWe investigate the relationship between competition and innovation using a dynamic oligopoly model that endogenizes both the long-run innovation rate and market structure. We use the model to examine how various determinants of competition, such as product substitutability, entry costs, and innovation spillovers, affect firms' equilibrium strategies for entry, exit, and investment in product quality. We find an inverted-U relationship between product substitutability and innovation: the returns to innovation initially rise for all firms but eventually, as the market approaches a winner-take-all environment, laggards have few profit scraps to fight over and give up pursuit of the leader, knowing he will defend his lead. The increasing portion of the inverted-U reflects changes in firm's investment policy functions, whereas the decreasing portion arises from the industry transiting to states with fewer firms and wider quality gaps. Allowing market structure to be endogenous yields different results compared to extant work that fixes the market structure.
Author: Federico Etro
Publisher: Springer Science & Business Media
Published: 2007-09-05
Total Pages: 296
ISBN-13: 3540496017
DOWNLOAD EBOOKThis book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.
Author: James Friedman
Publisher: CUP Archive
Published: 1983-09-30
Total Pages: 262
ISBN-13: 9780521282444
DOWNLOAD EBOOKJames 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.
Author: Stanford University. Institute for Mathematical Studies in the Social Sciences
Publisher:
Published: 1983
Total Pages: 65
ISBN-13:
DOWNLOAD EBOOKAuthor: Martin Shubik
Publisher:
Published: 1959
Total Pages: 422
ISBN-13:
DOWNLOAD EBOOKAuthor: William John 1905- Fellner
Publisher: Hassell Street Press
Published: 2021-09-10
Total Pages: 360
ISBN-13: 9781015210752
DOWNLOAD EBOOKThis work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: Jorge Niosi
Publisher: McGill-Queen's Press - MQUP
Published: 1991
Total Pages: 310
ISBN-13: 9780773508590
DOWNLOAD EBOOK"... papers presented to the international symposium "Oligopolies, Technological Innovation and International Competitiveness" organized by the Centre for Research on the Development of Industry and Technology (CREDIT) of the University of Quebec at Montreal in October 1987" -- Introd.
