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Theory of Markets

Af: Tun Thin Engelsk Hardback

Theory of Markets

Af: Tun Thin Engelsk Hardback
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Concerned primarily with oligopoly, this work includes a general study of pricing in three different markets—perfect competition, perfect monopoly, and imperfect competition. The solutions of these markets offered by Cournot, Smithies, Chamberlin, Stackelberg, Fellner, and Robinson are presented mathematically, followed by the author’s own version of the theory of rational pricing in oligopoly. Previous authors have not allowed for all the variables arising from profit and price situations in the market. Here, more realistic assumptions and more complex analyses indicate that sellers in oligopoly situations do not always need to arrange specific agreements—hence, that “administered” pricing does not inevitably occur when the market is dominated by a few producers.
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Concerned primarily with oligopoly, this work includes a general study of pricing in three different markets—perfect competition, perfect monopoly, and imperfect competition. The solutions of these markets offered by Cournot, Smithies, Chamberlin, Stackelberg, Fellner, and Robinson are presented mathematically, followed by the author’s own version of the theory of rational pricing in oligopoly. Previous authors have not allowed for all the variables arising from profit and price situations in the market. Here, more realistic assumptions and more complex analyses indicate that sellers in oligopoly situations do not always need to arrange specific agreements—hence, that “administered” pricing does not inevitably occur when the market is dominated by a few producers.
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Produktdetaljer
Sprog: Engelsk
Sider: 120
ISBN-13: 9780674880801
Indbinding: Hardback
Udgave:
ISBN-10: 0674880803
Kategori: Erhvervsliv, virksomheder og ledelse
Udg. Dato: 1 jan 1960
Længde: 0mm
Bredde: 0mm
Højde: 0mm
Forlag: Harvard University Press
Oplagsdato: 1 jan 1960
Forfatter(e): Tun Thin
Forfatter(e) Tun Thin

Kategori Erhvervsliv, virksomheder og ledelse

ISBN-13 9780674880801

Sprog Engelsk

Indbinding Hardback

Sider 120

Udgave

Længde 0mm

Bredde 0mm

Højde 0mm

Udg. Dato 1 jan 1960

Oplagsdato 1 jan 1960

Forlag Harvard University Press