An introduction to perfect and imperfect competition via bilateral oligopoly

Dickson, Alex and Tonin, Simone (2021) An introduction to perfect and imperfect competition via bilateral oligopoly. Journal of Economics, 133 (2). pp. 103-128. ISSN 0931-8658 (https://doi.org/10.1007/s00712-020-00727-3)

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Abstract

This paper explores the study of bilateral oligopoly, in which both sellers and buyers have substantial influence on the market. We lead readers coherently through the key results that emerge from the literature on bilateral oligopoly by means of worked examples based on the same underlying two commodity exchange economy, along with broader consideration of the relevant literature. This allows us to concisely compare the different equilibrium outcomes when agents act simultaneously vs sequentially, and when some/all agents are assumed to behave competitively, giving the reader much-needed straightforward access to the results of this challenging literature.

  • Item type:Article
    ID code:75156
    Dates:
    Date
    Event
    July 2021
    Published
    20 January 2021
    Published Online
    23 December 2020
    Accepted
    Subjects:Social Sciences > Finance
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:26 Jan 2021 14:10
    Last modified:17 Apr 2024 00:42
    URI:https://strathprints.strath.ac.uk/id/eprint/75156
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