Prices in this market are moderate because of the presence of competition. When one company sets a price, others will respond in fashion to remain competitive. For example, if one company cuts prices, other players typically follow suit. Prices are usually higher in an oligopoly than they would...
A market condition in which purchasers are so few that the actions of any one of them can materially affect price and the costs that competitors must pay. [olig(o)-+(mon)opsony.] ol′i·gop′so·nis′tic(-nĭs′tĭk)adj.
With differential export costs between Canada and the U.S., the latter has an incentive to act strategically to affect the entrance of the former. Keywords: Asia-Pacific; Canada; game theory; LNG export; oligopoly 1. Introduction Canada is the sixth largest natural gas producer after the ...
Automobile manufacturing is an example of an oligopoly, with the leading auto manufacturers in the United States being Ford (F), GM, and Stellantis (the new iteration of Chrysler through mergers). Worldwide there remain perhaps just a dozen key automakers including Toyota, Honda, Volkswagen Group...
Oligopoly is a term used in economics to refer to a particular sort of competitive environment. Technically, it involves a small number of enterprises that operate in the market for a specific product or service. The core tenet of an oligopolistic market is that a f...
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this paper provides many cases and details, for example, the monopolyposition and price discrimination practice of brothel, and the oligopoly position in massageparlors, which contrast with the online market that is closer to the perfect competitive model withlarge number of agents as well as free...
The sugar industry is a classic example of oligopoly, with four holdings producing a homogeneous product, which is chemically pure sucrose. Oligopoly is a... K Hryszko,P Szajner - 《Wie & Rolnictwo》 被引量: 0发表: 2023年 Distribution Channel and Pricing Pattern for Five Main Commodities Con...
of government and private health expenditures on CO2emissions. While quantile regression results show that public and private health expenditures can mitigate CO2emissions; however, these results differ for various levels of CO2. Findings of quantile regression show a significant impact of both public ...
The theory of the core is well suited for analyzing those situations treated in oligopoly theory not only for its new results but also because it forces a rigorous examination of several often neglected aspects of oligopoly. For example, with core theory it is necessary to prove in every case...