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The Elgar Companion to Neo-Schumpeterian Economics is a cutting-edge collection of specially commissioned contributions highlighting not only the broad scope but also the common ground between all branches of this prolific and fast developing field of economics.
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This chapter traces the development of markets for music over the past several centuries. Formally organized music was at first supported primarily by churches and the nobility. Indeed, during the 18th century there was a kind of "arms race" in which noble houses competed for prestige through...
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Discusses Heinrich von Stackelberg as a mathematical economist, referring to his book Marktform und Gleichgewicht . Presents the main theories of rivalrous interaction among business firms and the problems of oligopoly and monopoly. Notes how Stackelberg used indifference curves to map the...
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