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Strategic Competition in Oligopolies with Fluctuating Demand

Leslie Neubecker

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English
Springer-Verlag Berlin and Heidelberg GmbH & Co. K
05 December 2005
Dynamic oligopolistic competition has implications both for the strategic management of firms and for the design of an effective competition policy. Consequently, the present book considers the issue from a private and social perspective. It discusses the potential pro- and anticollusive effects of long-term business strategies, especially for cooperation and reinvestment in production, financing and management compensation, in markets with fluctuating demand. The method of supergame theory is applied to integrate long-run decisions and different types of demand into the analysis. Aside from its contributions to the theoretical literature, the book provides valuable insights into the design of competition policy. The observed development of prices is an indicator of the extent of collusion in the market and can thereby be used to assess antitrust regulation in certain business areas, and to focus the resources of competition authorities on markets where conditions are conducive to collusion.
By:  
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Country of Publication:   Germany
Edition:   2006 ed.
Volume:   569
Dimensions:   Height: 235mm,  Width: 155mm,  Spine: 13mm
Weight:   780g
ISBN:   9783540295563
ISBN 10:   3540295569
Series:   Lecture Notes in Economics and Mathematical Systems
Pages:   235
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active

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