{"product_id":"oligopoly-pricing-old-ideas-and-new-tools-paperback","title":"Oligopoly Pricing: Old Ideas and New Tools - Paperback","description":"\u003cp\u003eby \u003cb\u003eXavier Vives\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eThe \"oligopoly problem\"--the question of how prices are formed when the market contains only a few competitors--is one of the more persistent problems in the history of economic thought. In this book Xavier Vives applies a modern game-theoretic approach to develop a theory of oligopoly pricing. Vives begins by relating classic contributions to the field--including those of Cournot, Bertrand, Edgeworth, Chamberlin, and Robinson--to modern game theory. In his discussion of basic game-theoretic tools and equilibrium, he pays particular attention to recent developments in the theory of supermodular games. The middle section of the book, an in-depth treatment of classic static models, provides specialized existence results, characterizations of equilibria, extensions to large markets, and an analysis of comparative statics with a view toward applied work. The final chapters examine commitment issues, entry, information transmission, and collusion using a variety of tools: two-stage games, the modeling of competition under asymmetric information and mechanism design theory, and the theory of repeated and dynamic games, including Markov perfect equilibrium and differential games.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eXavier Vives is Director of the Institut d'Anàlisi Econòmica, Barcelona.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 442\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.91 x 8.97 x 5.86 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e July 27, 2001\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42736823238719,"sku":"9780262720403","price":129.6,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0105\/8226\/1823\/files\/d0931600e4785c1633feffe18fcea6d1_8c9c08d8-5f57-4cb2-9978-4fcdd8d3afe5.webp?v=1765147972","url":"https:\/\/dhlswag.com\/products\/oligopoly-pricing-old-ideas-and-new-tools-paperback","provider":"BBB","version":"1.0","type":"link"}