Interaction And Market Structure
Download and Read Interaction And Market Structure full books in PDF, ePUB, and Kindle. Read online free Interaction And Market Structure ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Author | : Lutz Schimansky-Geier |
Publisher | : Springer |
Total Pages | : 386 |
Release | : 1997-05-20 |
Genre | : Science |
ISBN | : 9783540628934 |
Download Stochastic Dynamics Book in PDF, Epub and Kindle
Stochastic Dynamics, born almost 100 years ago with the early explanations of Brownian motion by physicists, is nowadays a quickly expanding field of research within nonequilibrium statistical physics. The present volume provides a survey on the influence of fluctuations in nonlinear dynamics. It addresses specialists, although the intention of this book is to provide teachers and students with a reliable resource for seminar work. In particular, the reader will find many examples illustrating the theory as well as a host of recent findings.
Author | : Jean J. Gabszewicz |
Publisher | : OUP Oxford |
Total Pages | : 108 |
Release | : 2000-01-06 |
Genre | : Business & Economics |
ISBN | : 0191518883 |
Download Strategic Interaction and Markets Book in PDF, Epub and Kindle
Perfect competition provides the model of a frictionless economy, in which price-setting economic agents behave independently of each other, abandoning to the market the coordination of their individual decisions. The implications of this model are extensively presented in the traditional price theory textbooks. Imperfect competition is the paradigm that develops as soon as economic agents interact in a conscious manner, which is the rule when competition takes place amongst a restricted number of agents. In this system, agents act strategically, taking into account the impact of their decisions on competitors' behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product. This book explores the theoretical richness of these economic contexts, using some basic tools of game theory. Designed as an ancillary text for graduate students, it not only summarizes the historic contributions made by economic theorists such as Cournot and Edgeworth, but also makes accessible many of the most recent developments in the same field.
Author | : Domenico Delli Gatti |
Publisher | : Springer Science & Business Media |
Total Pages | : 302 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642570054 |
Download Interaction and Market Structure Book in PDF, Epub and Kindle
This book is a collection of essays which examine how the properties of aggregate variables are influenced by the actions and interactions of heterogenous individuals in different economic contexts. The common denominator of the essays is a critique of the representative agent hypothesis. If this hypothesis were correct, the behaviour of the aggregate variable would simply be the reproduction of individual optimising behaviour. In the methodology of the hard sciences, one of the achievements of the quantum revolution has been the rebuttal of the notion that aggregate behaviour can be explained on the basis of the behaviour of a single unit: the elementary particle does not even exist as a single entity but as a network, a system of interacting units. In this book, new tracks in economics which parallel the developments in physics mentioned above are explored. The essays, in fact are contributions to the analysis of the economy as a complex evolving system of interacting agents.
Author | : Kwok Chiu Fung |
Publisher | : |
Total Pages | : 50 |
Release | : 1989 |
Genre | : Industrial organization (Economic theory) |
ISBN | : |
Download Firm-union Interaction Book in PDF, Epub and Kindle
Author | : Kirsten Ralf |
Publisher | : Springer Science & Business Media |
Total Pages | : 242 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642517420 |
Download Business Cycles Book in PDF, Epub and Kindle
When writing the preface the main work has been done. What remains is thanking all those people who directly or indirectly contributed to the out come. My thanks go to my family and friends for their encouragement towards the completion of this book. Among the academic profession, I would like to thank Prof. Dr. Dr. Harald Scherf, my academic teacher, first. During the years at Hamburg University I benefitted especially from his profound knowledge of Keynesian theory. His way of examining an argument in an unbiased way helped me a lot to carry out the reseach I wanted to do. His confidence enabled me to finish the work. A part of the book was written while I was a visiting fellow at DELTA, Paris, where I am particularly indebted to Roger Guesnerie. I have benefitted from his encouragement, advice, and gentle criticism during discussions and seminars, especially on the topic of the time structure of economic dynamics. I would like to acknowledge the hospitality and stimulating atmosphere at DELTA. Different versions of the manuscript, or parts of it have been read by Prof. Dr. Manfred Holler, Dr. Jorg Bibow and Dr. Gabriele Kasten. Their comments and suggestions were quite helpul and are gratefully acknowledged. Additionally, I have to thank Prof. Dr. M. Funke and Prof. Dr. V. Timmer mann.
Author | : Jean Jaskold Gabszewicz |
Publisher | : Oxford University Press, USA |
Total Pages | : 106 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9780198233411 |
Download Strategic Interaction and Markets Book in PDF, Epub and Kindle
Perfect competition provides the model of a frictionless economy, in which price-setting economic agents behave independently of each other, abandoning to the market the coordination of their individual decisions. The implications of this model are extensively presented in the traditional price theory textbooks. Imperfect competition is the paradigm that develops as soon as economic agents interact in a conscious manner, which is the rule when competition takes place amongst a restricted number of agents. In this system, agents act strategically, taking into account the impact of their decisions on competitors' behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product. This book explores the theoretical richness of these economic contexts, using some basic tools of game theory. Designed as an ancillary text for graduate students, it not only summarizes the historic contributions made by economic theorists such as Cournot and Edgeworth, but also makes accessible many of the most recent developments in the same field.
Author | : George Norman |
Publisher | : Cambridge University Press |
Total Pages | : 309 |
Release | : 2000-11-30 |
Genre | : Business & Economics |
ISBN | : 1139428586 |
Download Market Structure and Competition Policy Book in PDF, Epub and Kindle
This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.
Author | : Joseph F. Francois |
Publisher | : World Bank Publications |
Total Pages | : 27 |
Release | : 2008 |
Genre | : |
ISBN | : |
Download Market Structure and Market Access Book in PDF, Epub and Kindle
The authors examine an issue at the nexus of domestic competition policy and international trade, the interaction between goods trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service-sector competition and goods trade supported by econometrics involving imports of 22 OECD countries compared with 69 exporters. Competition in services affects the volume of goods trade. Additionally, because of interaction between tariffs and competition, the market structure of the domestic service sector becomes increasingly important as tariffs are reduced. Empirically service competition apparently matters most for exporters in smaller, poorer countries. The results also suggest that while negotiated agreements leading to cross-border services liberalization may boost goods trade as well, they may also lead to a fall in goods trade when such liberalization involves foreign direct investment leading to increased service sector concentration.
Author | : Marco Mazzoli |
Publisher | : Cambridge University Press |
Total Pages | : 251 |
Release | : 2019-12-19 |
Genre | : Business & Economics |
ISBN | : 1108482600 |
Download Rethinking Macroeconomics with Endogenous Market Structure Book in PDF, Epub and Kindle
"The last decade has seen a lively debate in macroeconomics, with an increasing criticism on the model that seemed to be dominant in literature since the end of the 1990's, the Dynamic Stochastic General Equilibrium (DSGE, hereafter) and, consequently, the birth of some new theoretical approaches and methodologies"--
Author | : Kwok Chiu Fung |
Publisher | : |
Total Pages | : 40 |
Release | : 1999 |
Genre | : International economic integration |
ISBN | : |
Download Economic Integration and Firm-union Interaction Book in PDF, Epub and Kindle