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The Economics of Oligopolistic Competition: Price and Non-price Rivalry (Advance

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Aceptable
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“reading copy only - Damaged /worn /marked copy. May be ex-libris. Standard-sized.”
ISBN
9781557863010

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Product Identifiers

Publisher
Wiley & Sons, Incorporated, John
ISBN-10
1557863016
ISBN-13
9781557863010
eBay Product ID (ePID)
2345406

Product Key Features

Number of Pages
520 Pages
Publication Name
Economics of Oligopolistic Competition
Language
English
Publication Year
1992
Subject
International / Economics, Commerce, Economics / General
Type
Textbook
Author
Kuenne
Subject Area
Business & Economics
Format
Hardcover

Dimensions

Item Height
1.4 in
Item Weight
32.2 Oz
Item Length
9.4 in
Item Width
6.5 in

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
91-000767
Dewey Edition
20
Illustrated
Yes
Dewey Decimal
338.8/2
Synopsis
This volume focuses on the development and exposition of a new theory of oligopoly which is asserted to have certain advantages over game theoretic approaches. It is designed to be operational, to be capable of fitting within general equilibrium frameworks, to permit multiobjective optimization by firms, and to be soluble by nonlinear programming techniques., Professor Kuenne is a leading authority in the field of economic theory, having made significant contributions to the fields of general equilibrium theory, industrial organization and regional science., Professor Kuenne is a leading authority in the field of economic theory, having made significant contributions to the fields of general equilibrium theory, industrial organization and regional science. This volume focuses on the development and exposition of a new theory of oligopoly which is asserted to have certain advantages over game theoretic approaches. It is designed to be opertional, to be capable of fitting within general equilibrium frameworks, to permit multiobjective optimization by firms, and to be soluble by nonlinear programming techniques. Most importantly, Professor Kuenne develops themes concerning the need to incorporate within oligopoly a blending of the cooperative and competitive that typifies the price strategies of oligopolists within most industries with small numbers of competitors. Unlike game theory, this approach permits analysis of the peculiar socioeconomic power structure that develops within oligopolies and constrains members' decision-making freedom. This power structure can be derived exogenously or endogenously in the modelling. The theory is developed fully with extensive empirical application, particularly to decision making within the OPEC petroleum cartel in the 1970s.
LC Classification Number
HD2757.3.K835 1992

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