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MACMILLAN - The Economics of Competition, Collusion and In-between

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Description

The Economics of Competition, Collusion and In-between by MACMILLAN offers a specialized methodology for analyzing oligopolistic markets. By looking at markets from an equilibrium viewpoint, this book examines how firms interact through competition both within and between different groups. Readers will find a well-founded measure of competitive toughness designed for practical, empirical applications. This specific measure helps distinguish how firms weigh competition for market share against competition for market size. Because these two dimensions of competition involve both conflicting and convergent interests, understanding their balance is essential for modern economic analysis. This text explores several real-world applications, such as the effects of tougher competition on market dynamics. It serves as a valuable resource for students and professionals interested in the complexities of market behavior and econometric modeling.

Key Features

Provides a methodology for analyzing oligopolistic markets through an equilibrium viewpoint.

Examines competition dynamics both within and between different groups of firms.

Introduces a well-founded measure of competitive toughness for empirical applications.

Analyzes the relationship between competition for market share and market size.

Explores the effects of tougher competition on various market scenarios.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
19 May 2021
Listed Since
10 October 2020

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