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 |
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. |