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.


Estimating Market Power and Strategies

Estimating Market Power and Strategies

Author: Jeffrey M. Perloff

Publisher: Cambridge University Press

Published: 2007-06-18

Total Pages: 263

ISBN-13: 113946356X

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This book presents, compares, and develops various techniques for estimating market power - the ability to set price profitably above marginal cost - and strategies - the game-theoretic plans used by firms to compete with rivals. The authors start by examining static model approaches to estimating market power. They extend the analysis to dynamic models. Finally, they develop methods to estimate firms' strategies directly and examine how these strategies determine market power. A detailed technical appendix reviews the relevant information-theoretic and other econometric models that are used throughout. Questions and detailed answers for students and researchers are provided in the book for easy use.


Firms` Strategic Decisions Theoretical and Empirical Findings

Firms` Strategic Decisions Theoretical and Empirical Findings

Author: Kazuhiro Ohnishi

Publisher: Bentham Science Publishers

Published: 2016-05-05

Total Pages: 301

ISBN-13: 1681082535

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This is the second volume of the book series featuring empirical research conducted on business decision making policies of oligopolistic organizations. This volume brings together 11 chapters that cover economic and mathematical models to illustrate strategic decision making among different organizations. Topics covered in this volume include, the theory of firm behavior, the Bertrand model of an incumbent and a potential industrial entrant, strategic interactions in vertically related industries, financial losses of enterprises caused by breaks of information security systems and the association of certain funding choices with efficiency in small medium enterprises. Thus the volume encompasses a fresh collection of works on firm behavior and industrial economics.


The Economic Theory of Product Differentiation

The Economic Theory of Product Differentiation

Author: John Beath

Publisher: Cambridge University Press

Published: 1991-02-22

Total Pages: 220

ISBN-13: 9780521335522

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There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.


Handbook on Agriculture, Biotechnology and Development

Handbook on Agriculture, Biotechnology and Development

Author: Stuart J. Smyth

Publisher: Edward Elgar Publishing

Published: 2014-03-28

Total Pages: 881

ISBN-13: 0857938355

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This book is a compendium of knowledge, experience and insight on agriculture, biotechnology and development. Beginning with an account of GM crop adoptions and attitudes towards them, the book assesses numerous crucial processes, concluding with detai


Multi-Channel Strategies for Retail Financial Services

Multi-Channel Strategies for Retail Financial Services

Author: Patrick Dahmen

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 232

ISBN-13: 3322818284

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Patrick Dahmen analyses the internal and external dimensions of multi-channel strategies and develops a management framework for their strategic design and operational implementation. Case studies illustrate the underlying managerial challenges.


International Business: Concept, Environment and Strategy

International Business: Concept, Environment and Strategy

Author: Sharan Vyuptakesh

Publisher: Pearson Education India

Published: 2010

Total Pages: 632

ISBN-13: 9788131732519

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International Business by Sharan is written in a pragmatic way with an inclination on managerial aspect, thus encouraging students to explore international business as a career choice. It deals with the latest topics and development which we are witnessing around the globe. It attempts to impart the core body of knowledge in international business in an interesting and lively manner. This text not only describes the ideas of international business but it also uses contemporary examples, scenarios, and cases to help students effectively put theory into practice.


Handbook of Innovation and Regulation

Handbook of Innovation and Regulation

Author: Pontus Braunerhjelm

Publisher: Edward Elgar Publishing

Published: 2023-12-11

Total Pages: 429

ISBN-13: 1800884478

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This comprehensive Handbook presents thoughtful analysis on how regulations can impact innovation within a number of regulatory fields and markets, and provides a greater understanding of regulatory complexity and the challenging task it presents for future research.


Discrete Choice Theory of Product Differentiation

Discrete Choice Theory of Product Differentiation

Author: Simon P. Anderson

Publisher: MIT Press

Published: 1992

Total Pages: 454

ISBN-13: 9780262011280

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"The discrete choice approach provides an ideal framework for describing the demands for differentiated products and can be used for studying most product differentiation models in the literature. By introducing extra dimensions of product heterogeneity, the framework also provides richer models of firm location and product selection."--BOOK JACKET.