Oligopoly Theory by James Friedman

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Summary

James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible.

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Oligopoly Theory by James Friedman

James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible. While the earlier ideas of Cournot, Hotelling, and Chamberlin are presented, the larger part of the book is devoted to the modern work on oligopoly that has resulted from the application of dynamic techniques and game theory to this area of economics. The book begins with static oligopoly theory. Cournot's model and its more recent elaborations are covered in the first substantive chapter. Then the Chamberlinian analysis of product differentiation, spatial competition, and characteristics space is set out. The subsequent chapters on modern work deal with reaction functions, advertising, oligopoly with capital, entry, and oligopoly using noncooperative game theory. A large bibliography is provided.
SKU Unavailable
ISBN 13 9780521282444
ISBN 10 0521282446
Title Oligopoly Theory
Author James Friedman
Series Cambridge Surveys Of Economic Literature
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 1983-09-30
Number of pages 260
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.