The Economics of Imperfect Competition: A Spatial Approach
ISBN-13:
9780521305525
ISBN-10:
0521305527
Author:
George Norman, Melvin L. Greenhut, Chao-Shun Hung
Publication date:
1987
Publisher:
Cambridge University Press
Format:
Hardcover
432 pages
Category:
Economics
,
Industries
,
Industrial
,
Management & Leadership
,
Pricing
,
Human Resources
FREE US shipping
Book details
ISBN-13:
9780521305525
ISBN-10:
0521305527
Author:
George Norman, Melvin L. Greenhut, Chao-Shun Hung
Publication date:
1987
Publisher:
Cambridge University Press
Format:
Hardcover
432 pages
Category:
Economics
,
Industries
,
Industrial
,
Management & Leadership
,
Pricing
,
Human Resources
Summary
The Economics of Imperfect Competition: A Spatial Approach (ISBN-13: 9780521305525 and ISBN-10: 0521305527), written by authors
George Norman, Melvin L. Greenhut, Chao-Shun Hung, was published by Cambridge University Press in 1987.
With an overall rating of 3.9 stars, it's a notable title among other
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Description
This book takes a different approach to traditional price theory and to the analysis of imperfect competition. It represented a breakthrough in the development of a 'new' microeconomic theory. Increasingly, it has been recognized that the perfectly competitive paradigm is inappropriate to the explanation of pricing behaviour in many 'real life' markets characterized by a significant separation between producers and consumers. The spatial perspective adopted by the authors provides a natural separation of markets, but provides as well a powerful analogy for apparently nonspatial issues such as product differentiation, pricing over time, problems of storage and transportation, and the economics of intraindustry trade and of the multinational enterprise. A major concern of The Economics of Imperfect Competition: A Spatial Approach is to make these analogies explicit by applying this spatial analysis to a wide variety of nonspatial problems.
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