Oligopoly Pricing: Old Ideas and New Tools Xavier Vives

ISBN: 9780262720403

Published: July 27th 2001

Paperback

448 pages


Description

Oligopoly Pricing: Old Ideas and New Tools  by  Xavier Vives

Oligopoly Pricing: Old Ideas and New Tools by Xavier Vives
July 27th 2001 | Paperback | PDF, EPUB, FB2, DjVu, audiobook, mp3, RTF | 448 pages | ISBN: 9780262720403 | 6.49 Mb

The oligopoly problem--the question of how prices are formed when the market contains only a few competitors--is one of the more persistent problems in the history of economic thought. In this book Xavier Vives applies a modern game-theoreticMoreThe oligopoly problem--the question of how prices are formed when the market contains only a few competitors--is one of the more persistent problems in the history of economic thought. In this book Xavier Vives applies a modern game-theoretic approach to develop a theory of oligopoly pricing.Vives begins by relating classic contributions to the field--including those of Cournot, Bertrand, Edgeworth, Chamberlin, and Robinson--to modern game theory.

In his discussion of basic game-theoretic tools and equilibrium, he pays particular attention to recent developments in the theory of supermodular games. The middle section of the book, an in-depth treatment of classic static models, provides specialized existence results, characterizations of equilibria, extensions to large markets, and an analysis of comparative statics with a view toward applied work. The final chapters examine commitment issues, entry, information transmission, and collusion using a variety of tools: two-stage games, the modeling of competition under asymmetric information and mechanism design theory, and the theory of repeated and dynamic games, including Markov perfect equilibrium and differential games.



Enter the sum





Related Archive Books



Related Books


Comments

Comments for "Oligopoly Pricing: Old Ideas and New Tools":


blogs4shops.pl

©2008-2015 | DMCA | Contact us