The Economics of Imperfect Competition: A Spatial Approach

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This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a new microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.
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Product Details

  • ISBN-13: 9780521315647
  • Publisher: Cambridge University Press
  • Publication date: 4/1/1987
  • Pages: 432
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.94 (d)

Table of Contents

List of figures and tables; Preface; 1. Introduction; Part I. Nondiscriminatory Pricing: 2. A general theory of imperfect competition and nondiscriminatory pricing: the short run; 3. A general theory of imperfect competition and nondiscriminatory pricing: the long run; 4. Nondiscriminatory prices, economic development, and merger policies; 5. Product differentiation: a spatial f.o.b. perspective; Part II. Discriminatory Pricing: 6. Discriminatory pricing and alternative demand conditions; 7. Alternative pricing policies; 8. Discriminatory pricing and market overlap; 9. Intraindustry trade: a spatial approach; 10. Optimal pricing with delivered-price or transport constraints; 11. International and intranational pricing with a general cost function: an introduction to optimal-control theory; 12. Dynamic market strategy: further application of optimal-control theory; 13. Heterogeneous prices and heterogeneous goods; 14. Empirical findings on alternative pricing policies: demand and competitive impacts; Part III. Pricing, Location, and Competition: 15. General location and market-area principles; 16. Pricing, demand distribution, and location choice; 17. Optimal location in nonspatial markets: a spatial approach; 18. Competition, free entry, and long-run profit; 19. An efficient long-run allocative equilibrium; 20. Long-run locational equilibrium; 21. Epilogue; Notes; Bibligraphy; Author index; Subject index.
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