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Firm Behavior in Oligopolistic Markets

In: Principles of Microeconomics

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  • Martin Kolmar

    (University of St. Gallen)

Abstract

This chapter covers … how to apply techniques from game theory toward understanding firm behavior and equilibria in oligopolistic markets. the difference between and the significance of price and quantity competition on oligopolistic markets. how models of oligopolistic behavior can help one to better understand markets for oil, gas, etc. the logic of collusive behavior and the role of regulation in oligopolistic markets. how firms have to be organized that compete in such markets.

Suggested Citation

  • Martin Kolmar, 2017. "Firm Behavior in Oligopolistic Markets," Springer Texts in Business and Economics, in: Principles of Microeconomics, chapter 12, pages 281-300, Springer.
  • Handle: RePEc:spr:sptchp:978-3-319-57589-6_12
    DOI: 10.1007/978-3-319-57589-6_12
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