Theories of Imperfectly Competitive Markets:
The ambition of the theory of imperfectly competitive markets is to explain the working of markets in which the issue of strategic interaction among firms is central. Our analysis of this problem will be based on equilibrium concepts borrowed from Game Theory. This research program arises several qu...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
2001
|
| Ausgabe: | 2nd ed. 2001 |
| Schlagwörter: | |
| Links: | https://doi.org/10.1007/978-3-662-04498-8 https://doi.org/10.1007/978-3-662-04498-8 |
| Zusammenfassung: | The ambition of the theory of imperfectly competitive markets is to explain the working of markets in which the issue of strategic interaction among firms is central. Our analysis of this problem will be based on equilibrium concepts borrowed from Game Theory. This research program arises several questions on its feasibility like the empirical relevance of the results, the substantial theoretical insights obtained in this way, etc. Unfortunately, most of these questions can not be answered in the short run. This book is written in the hope that this research strategy is meaningful, but about its final success no body can tell. Another important question is if simpler models could deliver the essential insights offered by the theory of imperfectly competitive mar kets. This Introduction will be devoted to argue that, currently, there is no alternative to the approach presented in this book. Consider the following fact: A square inch of soil in the Explanada of Ali cante (located in front of the sea, right in the middle of downtown) cost several times more than a square inch of soil in San Vicente del Raspeig (located sev eral miles toward the interior of the peninsula). l How can we explain such a thing? First notice that because of the large quantity of possible traders involved in this market, we can safely assume that any agent has to accept the market price, i. e. is a price-taker |
| Umfang: | 1 Online-Ressource (XII, 178 p) |
| ISBN: | 9783662044988 |
| DOI: | 10.1007/978-3-662-04498-8 |
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| 520 | |a The ambition of the theory of imperfectly competitive markets is to explain the working of markets in which the issue of strategic interaction among firms is central. Our analysis of this problem will be based on equilibrium concepts borrowed from Game Theory. This research program arises several questions on its feasibility like the empirical relevance of the results, the substantial theoretical insights obtained in this way, etc. Unfortunately, most of these questions can not be answered in the short run. This book is written in the hope that this research strategy is meaningful, but about its final success no body can tell. Another important question is if simpler models could deliver the essential insights offered by the theory of imperfectly competitive mar kets. This Introduction will be devoted to argue that, currently, there is no alternative to the approach presented in this book. Consider the following fact: A square inch of soil in the Explanada of Ali cante (located in front of the sea, right in the middle of downtown) cost several times more than a square inch of soil in San Vicente del Raspeig (located sev eral miles toward the interior of the peninsula). l How can we explain such a thing? First notice that because of the large quantity of possible traders involved in this market, we can safely assume that any agent has to accept the market price, i. e. is a price-taker | ||
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Datensatz im Suchindex
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| any_adam_object | |
| author | Corchon, Luis C. |
| author_facet | Corchon, Luis C. |
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| author_sort | Corchon, Luis C. |
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| building | Verbundindex |
| bvnumber | BV046872107 |
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| dewey-full | 330 |
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| dewey-ones | 330 - Economics |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-3-662-04498-8 |
| edition | 2nd ed. 2001 |
| format | Electronic eBook |
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| indexdate | 2024-12-20T19:03:20Z |
| institution | BVB |
| isbn | 9783662044988 |
| language | English |
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| publisher | Springer Berlin Heidelberg |
| record_format | marc |
| spelling | Corchon, Luis C. Verfasser aut Theories of Imperfectly Competitive Markets by Luis C. Corchon 2nd ed. 2001 Berlin, Heidelberg Springer Berlin Heidelberg 2001 1 Online-Ressource (XII, 178 p) txt rdacontent c rdamedia cr rdacarrier The ambition of the theory of imperfectly competitive markets is to explain the working of markets in which the issue of strategic interaction among firms is central. Our analysis of this problem will be based on equilibrium concepts borrowed from Game Theory. This research program arises several questions on its feasibility like the empirical relevance of the results, the substantial theoretical insights obtained in this way, etc. Unfortunately, most of these questions can not be answered in the short run. This book is written in the hope that this research strategy is meaningful, but about its final success no body can tell. Another important question is if simpler models could deliver the essential insights offered by the theory of imperfectly competitive mar kets. This Introduction will be devoted to argue that, currently, there is no alternative to the approach presented in this book. Consider the following fact: A square inch of soil in the Explanada of Ali cante (located in front of the sea, right in the middle of downtown) cost several times more than a square inch of soil in San Vicente del Raspeig (located sev eral miles toward the interior of the peninsula). l How can we explain such a thing? First notice that because of the large quantity of possible traders involved in this market, we can safely assume that any agent has to accept the market price, i. e. is a price-taker Cournot, Antoine Augustin 1801-1877 (DE-588)118677144 gnd rswk-swf Economics, general Business Strategy/Leadership Game Theory, Economics, Social and Behav. Sciences Economic Theory/Quantitative Economics/Mathematical Methods Industrial Organization Economics Management science Leadership Game theory Economic theory Industrial organization Wettbewerb (DE-588)4065835-1 gnd rswk-swf Entscheidungstheorie (DE-588)4138606-1 gnd rswk-swf Monopol (DE-588)4040098-0 gnd rswk-swf Unvollständige Konkurrenz (DE-588)4121834-6 gnd rswk-swf Oligopol (DE-588)4043484-9 gnd rswk-swf Wohlfahrtsoptimum (DE-588)4190152-6 gnd rswk-swf Wettbewerbsmodell (DE-588)4189755-9 gnd rswk-swf Unvollkommener Markt (DE-588)4062060-8 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Unvollkommener Markt (DE-588)4062060-8 s Unvollständige Konkurrenz (DE-588)4121834-6 s Mathematisches Modell (DE-588)4114528-8 s DE-604 Oligopol (DE-588)4043484-9 s Wettbewerbsmodell (DE-588)4189755-9 s Wettbewerb (DE-588)4065835-1 s Entscheidungstheorie (DE-588)4138606-1 s Cournot, Antoine Augustin 1801-1877 (DE-588)118677144 p Monopol (DE-588)4040098-0 s Wohlfahrtsoptimum (DE-588)4190152-6 s Erscheint auch als Druck-Ausgabe 9783642074356 Erscheint auch als Druck-Ausgabe 9783540411222 Erscheint auch als Druck-Ausgabe 9783662044995 https://doi.org/10.1007/978-3-662-04498-8 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Corchon, Luis C. Theories of Imperfectly Competitive Markets Cournot, Antoine Augustin 1801-1877 (DE-588)118677144 gnd Economics, general Business Strategy/Leadership Game Theory, Economics, Social and Behav. Sciences Economic Theory/Quantitative Economics/Mathematical Methods Industrial Organization Economics Management science Leadership Game theory Economic theory Industrial organization Wettbewerb (DE-588)4065835-1 gnd Entscheidungstheorie (DE-588)4138606-1 gnd Monopol (DE-588)4040098-0 gnd Unvollständige Konkurrenz (DE-588)4121834-6 gnd Oligopol (DE-588)4043484-9 gnd Wohlfahrtsoptimum (DE-588)4190152-6 gnd Wettbewerbsmodell (DE-588)4189755-9 gnd Unvollkommener Markt (DE-588)4062060-8 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| subject_GND | (DE-588)118677144 (DE-588)4065835-1 (DE-588)4138606-1 (DE-588)4040098-0 (DE-588)4121834-6 (DE-588)4043484-9 (DE-588)4190152-6 (DE-588)4189755-9 (DE-588)4062060-8 (DE-588)4114528-8 |
| title | Theories of Imperfectly Competitive Markets |
| title_auth | Theories of Imperfectly Competitive Markets |
| title_exact_search | Theories of Imperfectly Competitive Markets |
| title_full | Theories of Imperfectly Competitive Markets by Luis C. Corchon |
| title_fullStr | Theories of Imperfectly Competitive Markets by Luis C. Corchon |
| title_full_unstemmed | Theories of Imperfectly Competitive Markets by Luis C. Corchon |
| title_short | Theories of Imperfectly Competitive Markets |
| title_sort | theories of imperfectly competitive markets |
| topic | Cournot, Antoine Augustin 1801-1877 (DE-588)118677144 gnd Economics, general Business Strategy/Leadership Game Theory, Economics, Social and Behav. Sciences Economic Theory/Quantitative Economics/Mathematical Methods Industrial Organization Economics Management science Leadership Game theory Economic theory Industrial organization Wettbewerb (DE-588)4065835-1 gnd Entscheidungstheorie (DE-588)4138606-1 gnd Monopol (DE-588)4040098-0 gnd Unvollständige Konkurrenz (DE-588)4121834-6 gnd Oligopol (DE-588)4043484-9 gnd Wohlfahrtsoptimum (DE-588)4190152-6 gnd Wettbewerbsmodell (DE-588)4189755-9 gnd Unvollkommener Markt (DE-588)4062060-8 gnd Mathematisches Modell (DE-588)4114528-8 gnd |
| topic_facet | Cournot, Antoine Augustin 1801-1877 Economics, general Business Strategy/Leadership Game Theory, Economics, Social and Behav. Sciences Economic Theory/Quantitative Economics/Mathematical Methods Industrial Organization Economics Management science Leadership Game theory Economic theory Industrial organization Wettbewerb Entscheidungstheorie Monopol Unvollständige Konkurrenz Oligopol Wohlfahrtsoptimum Wettbewerbsmodell Unvollkommener Markt Mathematisches Modell |
| url | https://doi.org/10.1007/978-3-662-04498-8 |
| work_keys_str_mv | AT corchonluisc theoriesofimperfectlycompetitivemarkets |