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Item Details
Title: OLIGOPOLY THEORY
By: James W. Friedman, John Pencavel
Format: Paperback

List price: £35.00
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ISBN 10: 0521282446
ISBN 13: 9780521282444
Availability: Usually dispatched within 1-3 weeks.
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Publisher: CAMBRIDGE UNIVERSITY PRESS
Pub. date: 30 September, 1983
Series: Cambridge Surveys of Economic Literature
Pages: 260
Description: James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible.
Synopsis: 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.
Illustrations: illustrations, bibliography, index
Publication: UK
Imprint: Cambridge University Press
Returns: Returnable
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