Dynamic Models of Oligopoly: A Volume in the Theory of the Firm and Industrial Organization Section: 13 (Fundamentals of Pure & Applied Economics Series) - Softcover

Fudenberg, Drew; Tirole, Jean

Softcover

ISBN 10: 3718602792 ISBN 13: 9783718602797

Publisher: Harwood Academic (Medical, Reference and Social Sc, 1986

Synopsis

Fudenberg and Tirole use the game-theoretic issues of information, commitment and timing to provide a realistic approach to oligopoly.

About this title

Synopsis

This series presents state-of-the-art monographs covering a speciality from the basic elements through to the most advanced results. Its aim is to enable economists or anyone with a background in economics, to gain access to the latest developments. The series is divided into sections corresponding to the various economics, each with its own editor. This volume in the series provides an approach to oligopoly, revealing and integrating recent research in the game-theoretic issues of information, commitment and timing. Using complete information models, the authors offer insight into effective ways of deterring and accommodating entry into capital accumulation, examine expenditures on the adoption and development of new technology, and analyze dynamic price competition and fixed costs as entry barriers. They develop incomplete information models for exploring limit pricing and predation, gradually introducing essential game-theoretic concepts to provide graduate students and researchers in industrial organization and related fields with a solid fondation for the use of dynamic models.

About the Author

Jean Tirole is chairman of the board of the Jean-Jacques Laffont Foundation at the Toulouse School of Economics, and scientific director of the Industrial Economics Institute (IDEI) in Toulouse. He was awarded the Nobel Prize for Economic Science in 2014.

Edition details

• Publisher: Harwood Academic (Medical, Reference and Social Sc
• Publication date: 1986
• Language: English
• ISBN 10: 3718602792
• ISBN 13: 9783718602797
• Binding: Paperback
• Number of pages: 92
• Editor: Jacquemin A.