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Price and Nonprice Rivalry in Oligopoly

Price and Nonprice Rivalry in Oligopoly

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9780230503717
Condition
New
Product Description

The theory of price and quality decision-making in industries with a few firms which recognize their mutual interdependence is of increasing interest to economists and policy makers. This book introduces a novel theory of that decision-making, based upon the notion of the industry as a community of agents who are involved in both competitive and cooperative relationships. It develops theories and illustrates methodological approaches to the analysis of price and quality decision-making in such instances of a 'rivalrous consonance of interests' among firms.

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