Oligopoly : old ends - new means /

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Bibliographic Details
Author / Creator:	Puu, Tönu, 1936-
Imprint:	Berlin ; Heidelberg : Springer, c2011.
Description:	1 online resource (ix, 172 p.) : ill.
Language:	English
Subject:	Oligopolies. Oligopolies.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/8896634

Hidden Bibliographic Details
ISBN:	9783642159640 (electronic bk.) 3642159648 (electronic bk.)
Notes:	Includes bibliographical references and index. Description based on print version record.
Summary:	The book focuses classical oligopoly theory as developed in 1840-1940. By the end of this period oligopoly came under the spell of game theory in its probabilistic equilibrium format. Work by Cournot, von Stackelberg, Palander, and Hotelling, causal and dynamic in essence, but ignored, is reconsidered in the light of modern dynamics using topology and numerics. As particular features, von Stackelberg leadership is included in the dynamic Cournot model, the Hotelling problem is solved with elastic demand, thus skipping the absurd idea of quadratic transportation costs. Further, it is shown that.

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