Author: Jian DongPublisher:
ISBN:
Category : Economics
Languages : en
Pages : 24
Book Description
Quality Competition, Market Structure and Endogenous Growth
On the Theory of Quality Competition in Differentiated Markets
Author: Tarek Hassan SelimThe Economics of Vertically Differentiated Markets
Author: Luca LambertiniPublisher: Edward Elgar Publishing
ISBN: 9781781958315
Category : Business & Economics
Languages : en
Pages : 240
Book Description
'This is a high-quality book on an important and central topic in the theory of industrial organisation. It is a cohesive and extremely well written volume which is destined to become a standard work on the subject.' - Mark Casson, University of Reading, UK This original new book offers a comprehensive and engaging perspective on the theory of vertical differentiation. It enables the reader to grasp the key concepts and effects that product quality has both on firms' behaviour and market structure, and the ways in which this relationship has evolved. With contributions from prominent figures in the field, the book investigates a number of important topics, such as the choice of the optimal product range, profit sharing, the existence of equilibrium in duopoly games, positional effects attached to status goods, international trade, collusion, advertising and the dynamics of capital accumulation for quality improvement and product innovation. Using both static and dynamic approaches, these aspects are assessed in relation to the manifold issues of regulation, competition policy and trade policy. Product differentiation and its influence on consumer behaviour and the performance of firms is a core topic in the existing literature in the fields of industrial organization, international trade and economic growth. This book will be an essential read for researchers, students and professional scholars working in these areas, especially those with an interest in antitrust regulation.
Market Structure and Performance
Author: Hing Man LeungPublisher:
ISBN:
Category : Economic development
Languages : en
Pages : 21
Book Description
Argues that the presumption of progressive monopoly capitalism cannot be accepted. The author then seeks to rank competition, monopoly, Cournot and Betrand by their relative position to the Pareto optimum. The findings have a strong anti-trust overtone.
Quality and Competition
Author: Lawrence AbbottPublisher: Westport, Conn : Greenwood Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 256
Book Description
Handbook of Industrial Organization
Author: Kate HoPublisher: Elsevier
ISBN: 0323988873
Category : Business & Economics
Languages : en
Pages : 782
Book Description
Handbook of Industrial Organization Volume 4 highlights new advances in the field, with this new volume presenting interesting chapters. Each chapter is written by an international board of authors. Part of the renowned Handbooks in Economics series Chapters are contributed by some of the leading experts in their fields A source, reference and teaching supplement for industrial organizations or industrial economists
The Economic Theory of Product Differentiation
Author: John BeathPublisher: Cambridge University Press
ISBN: 9780521335522
Category : Business & Economics
Languages : en
Pages : 220
Book Description
There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.
Price and Non-price Competition with Endogenous Market Structure
Author: George SymeonidisPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 43
Book Description
Competition, Innovation, and the Business Cycle
Author: Christophe CahnPublisher:
ISBN:
Category :
Languages : en
Pages : 69
Book Description
This paper reports quantitative implications of a stochastic endogenous growth model in which growth displays a concave relationship with respect to competition. This model is consistent with unavoidable facts related to market structure, that other innovation-based endogenous growth models fail to replicate. This model shows promising empirical properties in both the short- and long-term. The current paper argues that this model might be better suited to measuring welfare implications of phenomena involving growth effects. An illustrative exercise reports and compares measurement of the welfare cost of imperfect competition and fluctuations.
Author: Mich Tvede