{"product_id":"oligopoly-pricing-old-ideas-and-new-tools-026272040x","title":"Oligopoly Pricing: Old Ideas and New Tools","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 026272040X\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Vives, Xavier\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThe \"oligopoly problem\"-the question of how prices are formed when the market contains only a few competitors-is one of the more persistent problems in the history of economic thought. In this book Xavier Vives applies a modern game-theoretic approach to develop a theory of oligopoly pricing. Vives begins by relating classic contributions to the field-including those of Cournot, Bertrand, Edgeworth, Chamberlin, and Robinson-to modern game theory. In his discussion of basic game-theoretic tools and equilibrium, he pays particular attention to recent developments in the theory of supermodular games. The middle section of the book, an in-depth treatment of classic static models, provides specialized existence results, characterizations of equilibria, extensions to large markets, and an analysis of comparative statics with a view toward applied work. The final chapters examine commitment issues, entry, information transmission, and collusion using a variety of tools: two-stage games, the modeling of competition under asymmetric information and mechanism design theory, and the theory of repeated and dynamic games, including Markov perfect equilibrium and differential games.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51709948035360,"sku":"NEW026272040X","price":67.78,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/71rg9yoxmWL.jpg?v=1779395822","url":"https:\/\/miakarts.com\/products\/oligopoly-pricing-old-ideas-and-new-tools-026272040x","provider":"Miakarts Books","version":"1.0","type":"link"}