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...
20 KB (2,478 words) - 13:02, 29 May 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...
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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) - 10:28, 17 August 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 (5,888 words) - 22:50, 2 June 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
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
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 (2,625 words) - 08:48, 4 August 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...
5 KB (544 words) - 23:27, 30 October 2023
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...
25 KB (3,203 words) - 21:44, 19 August 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
244 KB (27,138 words) - 21:54, 15 August 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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(i.e. explicit collusion) is absent. Examples are Cournot oligopoly, and Bertrand oligopoly for differentiated products. Bain's (1956) original concern...
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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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bill to the House of Representatives seeking to liberalise and end the oligopoly of the Thai liquor industry, which was narrowly defeated with 177 opposing...
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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)...
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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...
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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...
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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) - 13:32, 1 August 2024
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...
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underlying principles of antitrust laws (breaking up monopolies and oligopolies and promoting more competition), but that he came to the conclusion that...
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companies in an oligopoly model compete in prices, the motive for inter-temporal price discrimination would appear in the oligopoly market. Price discrimination...
67 KB (8,480 words) - 14:15, 19 July 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) - 16:45, 28 July 2024
Earle Jr. FBI Gold fixing Herfindahl index London Gold Pool Monopoly Oligopoly Price controls Price gouging Resale price maintenance Tacit collusion...
28 KB (3,151 words) - 20:47, 16 August 2024
Mark-Up Under Oligopoly: A Reply', Economic Journal 84, 974–980. Eichner, A. S. (1973), 'Theory of the Determination of the Mark-Up Under Oligopoly', Economic...
9 KB (1,104 words) - 20:43, 21 May 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
Competition law Basic concepts History of competition law Monopoly and oligopoly Coercive monopoly Natural monopoly Barriers to entry Herfindahl–Hirschman...
42 KB (5,073 words) - 21:07, 9 July 2024
failure Merchantilism Meritocracy Multinational corporation Nationalization Oligopoly Perspectives on capitalism by school of thought Privatization Profit Property...
58 KB (6,785 words) - 17:22, 12 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...
68 KB (8,396 words) - 07:26, 9 May 2024