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The Economics of Imperfect Competition
Contributor(s): Greenhut, Melvin L. (Author), Norman, George (Author), Hung, Chao-Shun (Author)
ISBN: 0521305527     ISBN-13: 9780521305525
Publisher: Cambridge University Press
OUR PRICE:   $133.00  
Product Type: Hardcover - Other Formats
Published: January 1987
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Industries - General
- Business & Economics | Labor
- Business & Economics | Industrial Management
Dewey: 338.604
LCCN: 86011707
Physical Information: 1" H x 6.1" W x 9.5" (1.50 lbs) 432 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
This book takes a different approach to traditional price theory and to the analysis of imperfect competition. It represented a breakthrough in the development of a 'new' microeconomic theory. Increasingly, it has been recognized that the perfectly competitive paradigm is inappropriate to the explanation of pricing behaviour in many 'real life' markets characterized by a significant separation between producers and consumers. The spatial perspective adopted by the authors provides a natural separation of markets, but provides as well a powerful analogy for apparently nonspatial issues such as product differentiation, pricing over time, problems of storage and transportation, and the economics of intraindustry trade and of the multinational enterprise. A major concern of The Economics of Imperfect Competition: A Spatial Approach is to make these analogies explicit by applying this spatial analysis to a wide variety of nonspatial problems.