Ebook: Market Structure and Equilibrium

In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

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In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

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In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.
Content:
Front Matter....Pages i-xiv
Chapter 1 Stating the Economic Problem and Basic Principles....Pages 1-10
Chapter 2 General Analysis of Typical Market Structures....Pages 11-26
Chapter 3 Analysis of the Relationship Between Dual Markets and Multiple Markets....Pages 27-39
Chapter 4 Dyopolistic Market Share Ranking....Pages 41-60
Chapter 5 Landmark History of Economic Thought....Pages 61-83
Chapter 6 Market Structure and Economic Policy....Pages 85-94
Back Matter....Pages 95-134

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In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.
Content:
Front Matter....Pages i-xiv
Chapter 1 Stating the Economic Problem and Basic Principles....Pages 1-10
Chapter 2 General Analysis of Typical Market Structures....Pages 11-26
Chapter 3 Analysis of the Relationship Between Dual Markets and Multiple Markets....Pages 27-39
Chapter 4 Dyopolistic Market Share Ranking....Pages 41-60
Chapter 5 Landmark History of Economic Thought....Pages 61-83
Chapter 6 Market Structure and Economic Policy....Pages 85-94
Back Matter....Pages 95-134
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