The book also shows how in such specific cases, insights from the theoretical results on oligopoly and auctions can be used to improve market quality. Illustrated by carefully chosen examples and supported by case studies, this book is highly recommended to readers who seek an in-depth and up-...
few firms producing all or most of themarketsupply of a particular good or service and whose decisions about the industry’s output can affect competitors. Examples of oligopolisticstructuresare supermarket‚ banking industry and pharmaceutical industry. The characteristics of theoligopolyare: ...
If two or three sellers come to implicitly carve up a market between themselves they are said by economic theory to be colluding rather than being in competition. Indian politics may be revealing such implicit collusive behaviour. The goal of this political oligopoly would seem to be to ...
Examples include cement and sugar in India, and health, housing and defence in many countries. The paper investigates the effects of these schemes (including sales and excise taxation) on prices, output and household welfare under oligopoly and monopolistic competition. Less government control (...
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The numerical examples demonstrate that a brand pharmaceutical product may lose its dominant market share as a consequence of patent rights expiration and because of generic competition.doi:10.1016/j.tre.2012.01.001Amir H. MasoumiMin YuAnna Nagurney...