Theory of Markets

Released on by Thin Tun
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  • Theory of Markets Book Detail

  • Author : Thin Tun
  • Release Date : 1960
  • Publisher : Harvard University Press
  • Genre : Business & Economics
  • Pages : 136
  • ISBN 13 : 9780674880801
  • File Size : 50,50 MB
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Theory of Markets by Thin Tun PDF Summary

Book Description: Concerned primarily with oligopoly, this work includes a general study of pricing in three different markets--perfect competition, perfect monopoly, and imperfect competition. The solutions of these markets offered by Cournot, Smithies, Chamberlin, Stackelberg, Fellner, and Robinson are presented mathematically, followed by the author's own version of the theory of rational pricing in oligopoly. Previous authors have not allowed for all the variables arising from profit and price situations in the market. Here, more realistic assumptions and more complex analyses indicate that sellers in oligopoly situations do not always need to arrange specific agreements--hence, that "administered" pricing does not inevitably occur when the market is dominated by a few producers.

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Theory of Markets

Theory of Markets

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Concerned primarily with oligopoly, this work includes a general study of pricing in three different markets--perfect competition, perfect monopoly, and imperfe

IMF Staff papers

IMF Staff papers

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Selections from this paper were delivered at the Annual Meeting of the American Statistical Association, Philadelphia, Pennsylvania, on September 8, 1965.