The Economics of Imperfect Competition: A Spatial Approach
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The Economics of Imperfect Competition: A Spatial Approach
Author: Hung, Chao-Shun
Brand: Cambridge University Press
Edition: Illustrated
Binding: paperback
Format: Illustrated
Number Of Pages: 432
Release Date: 30-01-1987
Part Number: 114 b/w illus. 20 tables
Details: 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.
EAN: 9780521315647
Package Dimensions: 8.8 x 5.9 x 0.9 inches
Languages: English
