{"product_id":"oligopoly-pricing-xavier-vives-9780262720403","title":"Oligopoly Pricing: Old Ideas and New Tools","description":"The \"oligopoly problem\"--the question of how prices are formed when the market contains only a few competitors--is one of the more persistent problems in the history of economic thought. In this book Xavier Vives applies a modern game-theoretic approach to develop a theory of oligopoly pricing. Vives begins by relating classic contributions to the field--including those of Cournot, Bertrand, Edgeworth, Chamberlin, and Robinson--to modern game theory. In his discussion of basic game-theoretic tools and equilibrium, he pays particular attention to recent developments in the theory of supermodular games. The middle section of the book, an in-depth treatment of classic static models, provides specialized existence results, characterizations of equilibria, extensions to large markets, and an analysis of comparative statics with a view toward applied work. The final chapters examine commitment issues, entry, information transmission, and collusion using a variety of tools: two-stage games, the modeling of competition under asymmetric information and mechanism design theory, and the theory of repeated and dynamic games, including Markov perfect equilibrium and differential games.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Xavier Vives\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 026272040X\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780262720403\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e MIT Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/27\/2001\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 442\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.29lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.97h x 5.86w x 0.91d","brand":"Xavier Vives","offers":[{"title":"Paperback","offer_id":43988103463167,"sku":"9780262720403","price":60.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_4645a93f-05b4-4654-8514-c9916d1dda26.jpg?v=1683292638","url":"https:\/\/www.whiterainbookhouse.com\/products\/oligopoly-pricing-xavier-vives-9780262720403","provider":"WR Book House","version":"1.0","type":"link"}