as a tight oligopoly. A loose oligopoly occurs when the four-firm concentration is in the range of 40-60. Some characteristics of oligopolies include: Profit...
55 KB (6,519 words) - 18:04, 26 September 2024
Imperfect competition (section Oligopoly)
the paradox of excess capacity and price exceeding marginal cost. In an oligopoly market structure, the market is supplied by a small number of firms (more...
20 KB (2,478 words) - 10:27, 13 September 2024
Market power (section Oligopoly power)
"Oligopoly - characteristics | Economics Online | Economics Online". 2020-01-20. Retrieved 2021-04-18. Carr, Christopher (2020). Global Oligopoly : a...
35 KB (4,523 words) - 08:35, 25 April 2024
Microeconomics (section Oligopoly)
producers. An oligopoly is a market structure in which a market or industry is dominated by a small number of firms (oligopolists). Oligopolies can create...
49 KB (5,884 words) - 03:47, 27 August 2024
published "Demand Under Conditions of Oligopoly." Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand...
8 KB (1,146 words) - 10:29, 14 March 2023
form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all...
95 KB (12,803 words) - 11:28, 9 September 2024
Duopoly (category Oligopoly)
(from Greek δύο, duo 'two'; and πωλεῖν, polein 'to sell') is a type of oligopoly where two firms have dominant or exclusive control over a market, and...
21 KB (2,836 words) - 04:42, 25 September 2024
Price point (section Oligopoly pricing)
from raising prices unilaterally); on the other hand, any firm in an oligopoly which lowers its prices will most likely be matched by competitors, resulting...
5 KB (627 words) - 06:36, 23 September 2024
can be homogeneous or differentiated). Three types of oligopoly. Due to the hallmark of oligopoly being the presence of strategic interactions among rival...
21 KB (2,671 words) - 09:26, 27 April 2024
concentration 40% – 70% An industry in this range is likely an oligopoly. An oligopoly describes a market structure which is dominated by a small number...
5 KB (544 words) - 15:18, 23 August 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
244 KB (27,196 words) - 05:57, 28 September 2024
Competition (economics) (section Oligopoly)
2020-11-29. Staff, Investopedia. "Oligopoly". Investopedia. Retrieved 2020-10-28. Krylovskiy, Nikolay (20 January 2020). "Oligopoly". Economics Online. Retrieved...
68 KB (8,396 words) - 07:26, 9 May 2024
Merger simulation (section Cournot oligopoly)
market performance. They sought to instead to model mergers by Cournot oligopoly theory, establishing a series of propositions in both mergers effect on...
9 KB (1,267 words) - 18:54, 28 August 2024
the field of economics he is best known for his work in the field of oligopoly theory, Cournot competition, which is named after him. Cournot worked...
10 KB (990 words) - 04:13, 27 September 2024
Vladimir Lenin in 1916 and published in 1917. It describes the formation of oligopoly, by the interlacing of bank and industrial capital, in order to create...
18 KB (2,083 words) - 15:52, 20 August 2024
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
11 KB (1,710 words) - 23:58, 19 September 2024
system of oil production in favor of oil-producing states and away from an oligopoly of dominant Anglo-American oil firms (the "Seven Sisters"). In the 1970s...
154 KB (14,237 words) - 16:10, 26 September 2024
they generally need to be a monopoly or a dominant firm in a duopoly or oligopoly who has significant influence over the market. Anti-competitive behavior...
20 KB (2,456 words) - 21:02, 27 September 2024
Meritocracy Military dictatorship Minoritarianism Nepotism Netocracy Oligopoly Oligarchical collectivism Parasitism Plutocracy Political family Power...
22 KB (2,007 words) - 10:35, 23 September 2024
Concentration of media ownership (redirect from Media oligopoly)
landscape of corporate media ownership in the United States of America as an oligopoly. Some believe media integrity to be at risk when ownership of the media...
83 KB (10,581 words) - 14:13, 12 September 2024
would be if there was no competition (monopoly) or little competition (oligopoly).[citation needed] However, competition may also lead to wasted (duplicated)...
58 KB (6,468 words) - 13:14, 16 September 2024
An oligopoly is a case where barriers are present, but more than one firm is able to maintain the majority of the market share. In an oligopoly, firms...
23 KB (2,648 words) - 08:24, 1 June 2024
Earle Jr. FBI Gold fixing Herfindahl index London Gold Pool Monopoly Oligopoly Price controls Price gouging Resale price maintenance Tacit collusion...
30 KB (3,292 words) - 00:49, 26 August 2024
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
32 KB (2,634 words) - 20:38, 16 September 2024
(i.e. explicit collusion) is absent. Examples are Cournot oligopoly, and Bertrand oligopoly for differentiated products. Bain's (1956) original concern...
34 KB (4,153 words) - 11:45, 24 August 2024
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
34 KB (4,039 words) - 02:35, 25 August 2024
Planned obsolescence tends to work best when a producer has at least an oligopoly. Before introducing a planned obsolescence, the producer has to know that...
48 KB (5,319 words) - 19:03, 26 September 2024
underlying principles of antitrust laws (breaking up monopolies and oligopolies and promoting more competition), but that he came to the conclusion that...
91 KB (12,437 words) - 02:25, 25 July 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
58 KB (6,785 words) - 07:11, 28 September 2024
has complete control over supply and can extract a monopoly price. An oligopoly - a small number of producers - can also sustain an undersupply if no...
13 KB (1,754 words) - 08:01, 14 September 2024