Tönu Puu 
Oligopoly [PDF ebook] 
Old Ends – New Means

Wsparcie

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 destabilisation 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.

€96.29
Metody Płatności

Spis treści

Introduction.- Cournot Oligopoly.- Duopoly and Complex Dynamics.- Stackelberg Leadership.- Capacity Limits.- Multistability.- The Hotelling Paradox.

Kup ten ebook, a 1 kolejny otrzymasz GRATIS!
Język Angielski ● Format PDF ● Strony 172 ● ISBN 9783642159640 ● Rozmiar pliku 5.0 MB ● Wydawca Springer Berlin ● Miasto Heidelberg ● Kraj DE ● Opublikowany 2010 ● Do pobrania 24 miesięcy ● Waluta EUR ● ID 2172245 ● Ochrona przed kopiowaniem Społeczny DRM

Więcej książek elektronicznych tego samego autora (ów) / Redaktor

7 708 Ebooki w tej kategorii