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Market Structure and Equilibrium

by von Stackelberg, Heinrich.
Authors: SpringerLink (Online service) Physical details: XIV, 134p. 9 illus. online resource. ISBN: 3642125867 Subject(s): Economics. | Mathematics. | Economics, Mathematical. | Economics/Management Science. | Game Theory/Mathematical Methods. | Game Theory, Economics, Social and Behav. Sciences.
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E-Book E-Book AUM Main Library 330.0151 (Browse Shelf) Not for loan

Comments on the Translation -- 1 Stating the Economic Problem and Basic Principles -- 2 General Analysis of Typical Market Structures -- 3 Analysis of the Relationship between Dual Markets and Multiple Markets -- 4 Dyopolistic Market Share Ranking -- 5 Landmark History of Economic Thought -- 6 Market Structure and Economic Policy -- Mathematical Appendix -- Bibliography.

In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

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