The Theory of Oligopoly with Multi-Product Firms

Authors: Okuguchi, Koji, Szidarovszky, Ferenc

  • Examination of the existence, uniqueness, and stability of Cournot-Nash equilibrium of multi-product oligopolies
  • Extension of the results to several model variants and generalizations
  • Constructive existence proofs and general methodology to establish stability Comprehensive review of the field and future research directions
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About this book

In the mid 1960's both authors undertook independent works in oligopoly.and game theory. However, it was not until 1983 that they formally met. Since then, they have continued meeting either in Budapest or Tokyo. Their collaboration has resulted in numerous publications as well as in this work. Essentially, this book has two origins. First, it originated in previous results, either published or circulated in mimeograph form. Finely sifting their results, the authors constructed a concise reinterpretation of their achievement to date. However, this unifying process led to the second origin. Reconsideration, particularly in this comprehensive approach, generated new results. This was especially true in the analysis of the existence, uniqueness and global stability of the Cournot-Nash equilibrium for oligopoly with multi-product flrms, and for several modilled Cournot and related models. This book should be ideal for graduate students in economics or mathematics. However, as the authors have firmly grounded their ideas in the formal language of mathematics, the student should possess some background in calculus, linear algebra, and ordinary differential and difference equations. Additionally, the book should be useful to researchers in oligopoly and game theory as well as to mathematically oriented economists. The methodology developed for analyzing the existence and stability of oligopoly equilibrium should prove useful also in theoretical analysis of other economic models. Weare both very grateful to Professor Wilhelm Krelle for his careful review and helpful suggestions. In addition, Koji Okuguchi wishes to thank Professors W.

Table of contents (7 chapters)

  • Introduction

    Okuguchi, Koji (et al.)

    Pages 1-2

  • Oligopoly Games and Their Extensions

    Okuguchi, Koji (et al.)

    Pages 3-19

  • Existence and Uniqueness Results

    Okuguchi, Koji (et al.)

    Pages 21-62

  • Dynamic Oligopoly with Discrete Time Scale

    Okuguchi, Koji (et al.)

    Pages 63-144

  • Dynamic Oligopoly with Continuous Time Scale

    Okuguchi, Koji (et al.)

    Pages 145-177

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-3-642-60169-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $129.00
price for USA
  • ISBN 978-3-642-64287-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Theory of Oligopoly with Multi-Product Firms
Authors
Copyright
1999
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin ยท Heidelberg
eBook ISBN
978-3-642-60169-9
DOI
10.1007/978-3-642-60169-9
Softcover ISBN
978-3-642-64287-6
Edition Number
2
Number of Pages
VIII, 268
Additional Information
Originally published as volume 342 in the series: Lecture Notes in Economics
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