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The Economics of Imperfect Competition: A Spatial Approach - Softcover

 
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Synopsis

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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Book Description

This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a "new" microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.

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  • PublisherCambridge University Press
  • Publication date1987
  • ISBN 10 0521315646
  • ISBN 13 9780521315647
  • BindingPaperback
  • LanguageEnglish
  • Number of pages432

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ISBN 10:  0521305527 ISBN 13:  9780521305525
Publisher: Cambridge University Press, 1987
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Greenhut, Melvin L.; Norman, George; Hung, Chao-Shun
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