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The Economics of Imperfect Competition: A Spatial Approach (Hardback)
  • The Economics of Imperfect Competition: A Spatial Approach (Hardback)
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The Economics of Imperfect Competition: A Spatial Approach (Hardback)

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£82.00
Hardback 432 Pages / Published: 30/01/1987
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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.

Publisher: Cambridge University Press
ISBN: 9780521305525
Number of pages: 432
Weight: 800 g
Dimensions: 228 x 152 x 29 mm

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