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Firm Behavior in Oligopolistic Markets

Martin Kolmar ()
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Martin Kolmar: University of St. Gallen

Chapter 12 in Principles of Microeconomics, 2017, pp 281-300 from Springer

Abstract: Abstract This chapter covers … how to apply techniques from game theory toward understanding firm behavior and equilibria in oligopolistic markets. the difference between and the significance of price and quantity competition on oligopolistic markets. how models of oligopolistic behavior can help one to better understand markets for oil, gas, etc. the logic of collusive behavior and the role of regulation in oligopolistic markets. how firms have to be organized that compete in such markets.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-319-57589-6_12

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DOI: 10.1007/978-3-319-57589-6_12

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