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The Economics of Imperfect Competition: A Spatial Approach
Melvin L. Greenhut; George Norman; Chao-Shun Hung (Author)
·
Cambridge University Press
· Hardcover
The Economics of Imperfect Competition: A Spatial Approach - Melvin L. Greenhut; George Norman; Chao-Shun Hung
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Origin: Spain
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Synopsis "The Economics of Imperfect Competition: A Spatial Approach"
This book takes a different approach to traditional price theory and to the analysis of imperfect competition. It represented a breakthrough in the development of a 'new' microeconomic theory. Increasingly, it has been recognized that the perfectly competitive paradigm is inappropriate to the explanation of pricing behaviour in many 'real life' markets characterized by a significant separation between producers and consumers. The spatial perspective adopted by the authors provides a natural separation of markets, but provides as well a powerful analogy for apparently nonspatial issues such as product differentiation, pricing over time, problems of storage and transportation, and the economics of intraindustry trade and of the multinational enterprise. A major concern of The Economics of Imperfect Competition: A Spatial Approach is to make these analogies explicit by applying this spatial analysis to a wide variety of nonspatial problems.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
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