Oligopoly theory
Author(s)
Bibliographic Information
Oligopoly theory
(Cambridge surveys of economic literature)
Cambridge University Press, 1983
- : pbk
Available at 85 libraries
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Note
Bibliography: p. 231-235
Includes indexes
Description and Table of Contents
Description
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.
Table of Contents
- 1. Introduction and overview
- 2. The court model of oligopoly
- 3. Differential products models of oligopoly and monopolistic competition
- 4. Product choice and location
- 5. Reaction functions
- 6. Oligopoly and advertising
- 7. Oligopoly with capital
- 8. Entry
- 9. Oligopoly and noncooperative game theory.
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