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This original new book offers a comprehensive and engaging perspective on the theory of vertical differentiation. It enables the reader to grasp the key concepts and effects that product quality has both on firms' behaviour and market structure, and the ways in which this relationship has...
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In this article, we consider how important developments in game theory have contributed to the theory of industrial organization. Our goal is not to survey the theory of industrial organization; rather, we consider the contribution of game theory through a careful discussion of a small number of...
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. Like a business, the church developed sound business strategies that increased its market share to a near monopoly in the …
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This book presents the theory of Industrial Organization in a unified and concise way. It presents the main models and results in the area, using game theory as a unifying theoretical background. Besides corrections and new sections, the new edition contains a new chapter on games of incomplete...
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This book provides a complete and up-to-date treatment of the Theories of Imperfectly Competitive Markets. In its five chapters, the book deals with Nash equilibrium in aggregative games, comparative statics in aggregative games, welfare and Cournot competition, monopolistic competition and two...
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