Price and Nonprice Rivalry in Oligopoly

Download or read book Price and Nonprice Rivalry in Oligopoly written by Robert E. Kuenne and published by Springer. This book was released on 2016-01-20 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of price and quality decision-making in industries with a few firms which recognize their mutual interdependence is of increasing interest to economists and policy makers. This book introduces a novel theory of that decision-making, based upon the notion of the industry as a community of agents who are involved in both competitive and cooperative relationships. It develops theories and illustrates methodological approaches to the analysis of price and quality decision-making in such instances of a 'rivalrous consonance of interests' among firms.