Overview
Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 569)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
Dynamic oligopolistic competition has implications both for the strategic management of firms and for the design of an effective competition policy. Consequently, the present book considers the issue from a private and social perspective. It discusses the potential pro- and anticollusive effects of long-term business strategies, especially for cooperation and reinvestment in production, financing and management compensation, in markets with fluctuating demand. The method of supergame theory is applied to integrate long-run decisions and different types of demand into the analysis. Aside from its contributions to the theoretical literature, the book provides valuable insights into the design of competition policy. The observed development of prices is an indicator of the extent of collusion in the market and can thereby be used to assess antitrust regulation in certain business areas, and to focus the resources of competition authorities on markets where conditions are conducive to collusion.
Bibliographic Information
Book Title: Strategic Competition in Oligopolies with Fluctuating Demand
Authors: Leslie Neubecker
Series Title: Lecture Notes in Economics and Mathematical Systems
DOI: https://doi.org/10.1007/3-540-29557-7
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2006
Softcover ISBN: 978-3-540-29556-3Published: 05 December 2005
eBook ISBN: 978-3-540-29557-0Published: 17 February 2006
Series ISSN: 0075-8442
Series E-ISSN: 2196-9957
Edition Number: 1
Number of Pages: IX, 235
Topics: Business Strategy/Leadership, Organization, Industrial Organization, Microeconomics