The Theory of Oligopoly with Multi-Product Firms

The Theory of Oligopoly with Multi-Product Firms

Author: Koji Okuguchi

Publisher: Springer Science & Business Media

Published: 2013-03-14

Total Pages: 177

ISBN-13: 3662026228

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In this book a rigorous, systematic, mathematical analysis is presented for oligopoly with multi-product firms in static as well as dynamic frameworks in the light of recent developments in theories of games, oligopoly and industrial organization. The general results derived in this book on oligopoly with multi-product firms contain, as special cases, all previous results on oligopoly with single product as well as oligopoly with product differentiation and single product firms. A constructive nu- merical method is given for finding the Cournot-Nash equilibrium, which may be extremely valuable to those who are interested in numerical analysis of the effects of various industrial policies. A sequential adjustment process is also formulated for finding the equilibrium. Dynamic adjustment processes have two versions, one with a discrete time scale and the other with a continuous time scale. The stability of the equilibrium is thoroughly investigated utilizing powerful mathematical results from the stability and linear algebra literature. The methodology developed for analyzing stability proves to be useful for dynamic analysis of economic models.


Transnational Corporations and International Production

Transnational Corporations and International Production

Author: Grazia Ietto-Gillies

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 287

ISBN-13: 0857932268

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'. . . an updated and illuminating analysis of the main forces behind the development of transnational corporations. . .' Nicola Acocella, University of Rome 'La Sapienza', Italy 'In the second edition of her authoritative book, this prominent figure in the study of transnational corporations has achieved an excellent job. . .' Wladimir Andreff, University of Paris 1 Panthéon Sorbonne, France 'Do we really need a specific theory to interpret transnational. . .corporations,. . . The answer is yeas and this brilliant and inspiring book by Grazia Ietto-Gillies explains why.' Giovanni Balcet, University of Turin, Italy '. . . Brilliant analyses and comparisons of basic theories in the field.' Mats Forsgren, Uppsala University, Sweden '. . . a truly complrehensive perspective of the development on the theory of transnational corporations. . . It is a marvellous and admirable work.' Masahiko Itaki, Ritsumeikan University, Japan '. . . offers vibrant insights on the convergence of different theoretical strands on the emergence, role and effects of transnational corporations. . .' Lucia Piscitello, Politecnico di Milano, Italy 'From my experience students like it as it enables them to capture in short time the gist of a variety of theories and offers them useful conceptual perspectives. . .' Slavo Radosevic, University College London, UK '. . . this book will be the outstanding choice.' Mohammad Yamin, The University of Manchester, UK 'This is an excellent book which dares to accomplish a challenging mission.' Antonello Zanfei, University of Urbino, Italy This comprehensive critical analysis of concepts, theories and effects relating to transnational corporations will prove to be an invaluable learning tool to post graduate and advanced undergraduate students across a broad section of disciplines including business/international business, economics, international relations, and development studies. Thoroughly revised and updated, the second edition of this highly acclaimed textbook includes new features such as deeper analysis of evolutionary theories, a discussion of Penrose and of the Network theory, and an additional chapter on innovation effects. Lecturers and researchers wishing to familiarize themselves with the theoretical developments of the subject will find this book to be an effective and informative teaching resource.