Oligopoly

Name: Oligopoly
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783642159633
Price: 115.75 EUR
Availability: InStock

Old Ends - New Means

Автор: Tönu Puu

Език:

Корици: С твърди корици

Издател: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Наличност: Външен склад в ограничено количество

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115.75 € 226.39 лв

The book focuses classical oligopoly theory as developed in 1840-1940. By the end of this period oli...

Информация за книгата

Автор

Tönu Puu

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2010

страници

172

EAN

9783642159633

ISBN

364215963X

Enbook ID

01656692

Издател

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Теглоt

424

Размери

174 x 246 x 21

Пълно описание

The book focuses classical oligopoly theory as developed in 1840-1940. By the end of this period oligopoly came under the spell of game theory in its probabilistic equilibrium format. Work by Cournot, von Stackelberg, Palander, and Hotelling, causal and dynamic in essence, but ignored, is reconsidered in the light of modern dynamics using topology and numerics. As particular features, von Stackelberg leadership is included in the dynamic Cournot model, the Hotelling problem is solved with elastic demand, thus skipping the absurd idea of quadratic transportation costs. Further, it is shown that the celebrated destabilsation of Cournot equilibrium under increased competition is due to mistakenly assuming constant returns, and that the whole idea of rational expectations is untenable in dynamic oligopoly. Early original ideas in oligopoly theory, such as coexistence and multiplicity of attractors are focused again after many undeserved decades of oblivion.

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Oligopoly

Old Ends - New Means

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също