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Routledge Analysis of Cartelized Market Structures - Economics

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Description

Explore the complexities of resource economics with this Routledge Library Edition. Originally published in 1979, this text addresses a significant gap in economic theory regarding the spectrum of mixed market structures. While standard theories often focus on the extremes of competitive and monopolistic regimes, this work provides a necessary theoretical framework for analyzing intermediate market structures. Using the world oil market as a primary example, the study examines scenarios where a profit-maximizing producer cartel co-exists with non-cartel entities. This book is an essential resource for students, researchers, and professionals interested in the economic behavior of non-renewable resource markets. By bridging the gap between existing theories, it offers a deeper understanding of how mixed market structures operate in the real world.

Key Features

Develops a theoretical framework for analyzing mixed market structures between competitive and monopolistic extremes.

Provides a detailed study of non-renewable resource markets and the behavior of profit-maximizing producer cartels.

Uses the world oil market as a practical example to illustrate intermediate market structure concepts.

Part of the Routledge Library Editions: Environmental and Natural Resource Economics series for academic study.

Examines the coexistence of cartel and non-cartel entities within resource-based economic systems.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
20 October 2017
Listed Since
04 April 2017

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