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...
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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...
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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
form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all...
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published "Demand Under Conditions of Oligopoly." Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand...
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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
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...
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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...
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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
(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
mergers in the 1950s, especially in the automobile sector, increased oligopoly in the American auto industry. Detroit manufacturers such as Packard and...
245 KB (22,922 words) - 23:56, 13 October 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...
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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 (10,563 words) - 23:13, 8 October 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
244 KB (27,171 words) - 23:12, 18 October 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...
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occur without institutional restraints on the granting of monopoly and oligopoly rights. They say that the Industrial Revolution began in Great Britain...
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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...
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Meritocracy Military dictatorship Minoritarianism Nepotism Netocracy Oligopoly Oligarchical collectivism Parasitism Plutocracy Political family Power...
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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 (economics) (section Oligopoly)
2020-11-29. Staff, Investopedia. "Oligopoly". Investopedia. Retrieved 2020-10-28. Krylovskiy, Nikolay (20 January 2020). "Oligopoly". Economics Online. Retrieved...
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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
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
70 KB (8,491 words) - 02:40, 19 October 2024
Earle Jr. FBI Gold fixing Herfindahl index London Gold Pool Monopoly Oligopoly Price controls Price gouging Resale price maintenance Tacit collusion...
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of a good), duopoly (in which there are only two sellers of a good), oligopoly (in which there are few sellers of a good), monopolistic competition (in...
175 KB (17,849 words) - 17:31, 15 October 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) - 16:09, 6 October 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...
51 KB (5,687 words) - 01:05, 19 October 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
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
43 KB (5,077 words) - 14:10, 17 September 2024
underlying principles of antitrust laws (breaking up monopolies and oligopolies and promoting more competition), but that he came to the conclusion that...
90 KB (12,362 words) - 16:09, 18 October 2024