Oligopoly Pricing

Oligopoly Pricing PDF

Author: Xavier Vives

Publisher: MIT Press (MA)

Published: 1999

Total Pages: 446

ISBN-13: 9780262220606

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Applies a modern game-theoretic approach to develop a theory of oligopoly pricing. The text relates classic contributions to the field of modern game theory and discusses basic game-theoretic tools and equilibrium, paying particular attention to developments in the theory of supermodular games.

The Effects of Oligopoly in the Us Automobile Sector on Pricing and Development

The Effects of Oligopoly in the Us Automobile Sector on Pricing and Development PDF

Author: Ricardo Falter

Publisher: GRIN Verlag

Published: 2011-08

Total Pages: 29

ISBN-13: 3640963334

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Seminar paper from the year 2010 in the subject Business economics - Trade and Distribution, Maastricht University, language: English, abstract: The US automobile industry is a good example of an oligopoly. It consists mainly of three major firms, General Motors (GM), Ford, and Chrysler. The influence of this oligopoly can be seen in the prices and the development and introduction of new car models into the American car market. Extensive work has been done on the field of collusive behaviour in the US automobile market and moreover the introduction of the small car in the 1950s shows how the firms collude when it comes to the introduction of a new car.

Distance, Demand, and Oligopoly Pricing

Distance, Demand, and Oligopoly Pricing PDF

Author: Robert C. Feenstra

Publisher:

Published: 1989

Total Pages: 50

ISBN-13:

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We demonstrate how to estimate a model of product demand and oligopoly pricing when products are multi-dimensionally differentiated. We provide an empirical counterpart to recent theoretical work on product differentiation. Using specifications informed by economic theory, we simultaneously estimate a demand system and price-cost margins for products differentiated in many dimensions.

Exchange Rate Pass-Through and Dynamic Oligopoly

Exchange Rate Pass-Through and Dynamic Oligopoly PDF

Author: Dominique M. Gross

Publisher: International Monetary Fund

Published: 1999-04-01

Total Pages: 34

ISBN-13: 1451846622

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This paper explicitly takes into account the dynamic oligopolistic rivalry among source producers to evaluate the degree of exchange rate pass-through. Using recent time-series techniques for the case of imported automobiles in Switzerland, the results show that prices are strategic complements and that the degree of pass-through is lower in the long run than in the short run. We attribute this to the fact that, although some rivals match long-term price changes, others do not, inducing the producer who faces a change in exchange rate to absorb a greater proportion of the variation.