Author: Robert James Town
Publisher:
ISBN:
Category :
Languages : en
Pages : 332
Book Description
Three Essays in Industrial Organization
Three Essays in Industrial Organization
Three Essays in Industrial Organization
Author: Meng-Yu Liang
Publisher:
ISBN:
Category :
Languages : en
Pages : 220
Book Description
The third chapter provides a necessary condition for the existence of a symmetric pure strategy Nash equilibrium in a circular model when consumers have heterogeneous unit transportation costs. Given a fixed mean of unit transportation costs in the population, the candidate symmetric equilibrium price is always smaller when there is heterogeneity in the unit transportation costs than when there is not. Hence, given the assumption of free entry, the market may generate less brands with heterogeneity.
Publisher:
ISBN:
Category :
Languages : en
Pages : 220
Book Description
The third chapter provides a necessary condition for the existence of a symmetric pure strategy Nash equilibrium in a circular model when consumers have heterogeneous unit transportation costs. Given a fixed mean of unit transportation costs in the population, the candidate symmetric equilibrium price is always smaller when there is heterogeneity in the unit transportation costs than when there is not. Hence, given the assumption of free entry, the market may generate less brands with heterogeneity.
Three Essays on the Industrial Organization of Financial Markets
Three Essays in Empirical Industrial Organization
Three Essays in Empirical Industrial Organization
Author: Maria Andrea Martens Olivares
Publisher:
ISBN:
Category :
Languages : en
Pages : 268
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 268
Book Description
Essays on Industrial Organization
The Organization of Industry
Author: George J. Stigler
Publisher: University of Chicago Press
ISBN: 0226774325
Category : Business & Economics
Languages : en
Pages : 336
Book Description
The Organization of Industry collects essays written over two decades—pieces prepared especially for this volume, previously unpublished material, and reprinted articles drawn from numerous sources, many which include additional commentary by the author. The essays are unified by George J. Stigler's careful analysis and by his clear and witty style. In part one, Stigler examines the nature of competition and monopoly. In part two he discusses the forces that determine the size structure of industry, including barriers to entry, economics of scale, and mergers. Part three contains articles on a wide range of topics, such as profitability, delivered price systems, block booking, the economics of information, and the kinky oligopoly demand curve and rigid price. Part four offers a discussion of antitrust policy and includes Stigler's recommendations for future policy as well as an examination of the effects of past policies. "Stigler's writings might well be subtitled 'The Joys of Doing Economics.' He, more than any other contemporary American economist, dispels the gloom surrounding economic theory. It is impossible to confront the subject treated with such humor and verve and come away still believing that economics is the dismal science."—Shirley B. Johnson, American Scholar
Publisher: University of Chicago Press
ISBN: 0226774325
Category : Business & Economics
Languages : en
Pages : 336
Book Description
The Organization of Industry collects essays written over two decades—pieces prepared especially for this volume, previously unpublished material, and reprinted articles drawn from numerous sources, many which include additional commentary by the author. The essays are unified by George J. Stigler's careful analysis and by his clear and witty style. In part one, Stigler examines the nature of competition and monopoly. In part two he discusses the forces that determine the size structure of industry, including barriers to entry, economics of scale, and mergers. Part three contains articles on a wide range of topics, such as profitability, delivered price systems, block booking, the economics of information, and the kinky oligopoly demand curve and rigid price. Part four offers a discussion of antitrust policy and includes Stigler's recommendations for future policy as well as an examination of the effects of past policies. "Stigler's writings might well be subtitled 'The Joys of Doing Economics.' He, more than any other contemporary American economist, dispels the gloom surrounding economic theory. It is impossible to confront the subject treated with such humor and verve and come away still believing that economics is the dismal science."—Shirley B. Johnson, American Scholar
Three Essays on Dynamic Games in Industrial Organization
Industrial Organization
Author: Kenneth George
Publisher: Routledge
ISBN: 1134898622
Category : Business & Economics
Languages : en
Pages : 484
Book Description
As most economies remain caught in a global recession, that shows little sign of abatement, the importance of maintaining a flourishing industrial sector for the economic wellbeing of a country has rarely been so relevant. Industrial Organisation has long served as a basic introduction to this subject. The book is concerned with economic problems and policy issues that arise from the activities of firms. The authors reject the traditional micro-economic analysis of market structure in favour of studying conduct and performance in the context of macro-economic policy and the environment which this provides for firms. Substantially revised and updated to take account of developments in the subject since the publication of the last edition, Industrial Organization includes four new chapters which reflect the major new areas of interest in industrial economics over the last decade. These include the increasing importance of the service sector and problems of relatively low productivity growth within this, and questions relating to increased levels of international competition in a more open world economy. This is a comparative study, drawing on empirical evidence from the UK, USA and the EC. Mathematical and econometric requirements are kept to a minimum, and the text has long been regarded as the most accessible introduction to the subject.
Publisher: Routledge
ISBN: 1134898622
Category : Business & Economics
Languages : en
Pages : 484
Book Description
As most economies remain caught in a global recession, that shows little sign of abatement, the importance of maintaining a flourishing industrial sector for the economic wellbeing of a country has rarely been so relevant. Industrial Organisation has long served as a basic introduction to this subject. The book is concerned with economic problems and policy issues that arise from the activities of firms. The authors reject the traditional micro-economic analysis of market structure in favour of studying conduct and performance in the context of macro-economic policy and the environment which this provides for firms. Substantially revised and updated to take account of developments in the subject since the publication of the last edition, Industrial Organization includes four new chapters which reflect the major new areas of interest in industrial economics over the last decade. These include the increasing importance of the service sector and problems of relatively low productivity growth within this, and questions relating to increased levels of international competition in a more open world economy. This is a comparative study, drawing on empirical evidence from the UK, USA and the EC. Mathematical and econometric requirements are kept to a minimum, and the text has long been regarded as the most accessible introduction to the subject.