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d’aspremont claude; dos santos ferreira rodolphe - the economics of competition, collusion and in-between

The Economics of Competition, Collusion and In-between

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Dettagli

Genere:Libro
Lingua: Inglese
Pubblicazione: 05/2021
Edizione: 1st ed. 2021





Trama

This book provides a methodology for the analysis of oligopolistic markets from an equilibrium viewpoint, considering competition within and between groups of firms. It proposes a well-founded measure of competitive toughness that can be used in empirically relevant applications. This measure reflects the weight put by each firm on competition for market share relative to competition for market size – two dimensions of competition involving conflicting and convergent interests, respectively. It further explores several applications, such as the effect of tougher competition on innovation and of output market power on the emergence of involuntary unemployment, as well as the importance of strategic interactions for investment decisions.

Relative to the dominant model of monopolistic competition, The Economics of Competition, Collusion and In-between aims to explore an alternative tractable model of firm competition opening the application of oligopoly theory to many fields in economics where general equilibrium features are crucial.  It will be relevant to those interested in applied industrial organization, trade, macroeconomics (in particular macrodynamics) and quantitative economics. 





Sommario

Chapter 1: Modelling the intensity of competition

Chapter 2: Competition for Market share and for market size

Chapter 3: Competition within and between groups of firms

Chapter 4: Extensions





Autore

Claude d’Aspremont is Emeritus Professor in Economics, member and Past-President of the Center for Operations Research and Econometrics (CORE) at the Université Catholique de Louvain (UCL), Belgium. He was awarded the Francqui Prize 1995.

Rodolphe Dos Santos Ferreira is Emeritus Professor in Economics at the University of Strasbourg, France, working at the Bureau d’Economie Théorique et Appliquée (BETA), of which he was co-director (1979-1992). He is also a part-time member of Católica Lisbon School of Business and Economics, Portugal. He is a honorary senior member of the Institut Universitaire de France.











Altre Informazioni

ISBN:

9783030636012

Condizione: Nuovo
Dimensioni: 210 x 148 mm Ø 454 gr
Formato: Copertina rigida
Illustration Notes:XIX, 160 p. 13 illus.
Pagine Arabe: 160
Pagine Romane: xix


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