oligopolistic market
oligopoly market

If there really are oligopolistic market structures, then so be it.

There is no single model describing the operation of an oligopolistic market.

The important cultural industries have an oligopolistic market structure.

A paper by Jacquemin (1982), shows that this disciplinary effect from foreign competition can also work in oligopolistic markets.

It assumes economies of scale and oligopolistic market structure and explains when industrialization would happen.

He made his name with his detailed case study investigations of business behaviour and analysis of firms within oligopolistic markets.

Where oligopolistic market structures remain it seems likely that some firms will resort to informal agreements and the other collusive devices examined in Chapter 10.

In the economics of oligopolistic markets the distinction between 'explicit' and 'tacit'collusion turns on the first of these elements.

Voters should be asking themselves if an increasingly unregulated and oligopolistic market economy should continue to prevent many Americans from access to basic necessities, like affordable health care.

Small-numbers game is a term from the economic decision-making theory, meaning that in an oligopolistic market, the actions of one player have direct unforeseeable consequences for other players.

"We're moving from an oligopolistic market to a competitive market," said Daniel Reingold, a telecommunications analyst at Merrill Lynch.

In such circumstances by colluding or in virtue of the structural properties of oligopolistic markets companies are able to obtain variable degrees of protection from competitive pressures.

The NHS alleges various drugs companies exploited the oligopolistic market conditions, forcing the NHS to pay inflated prices.

But, he argues, the growth pattern of modern capitalism is shaped by the quest for surplus-profits in monopolistic and oligopolistic markets, in which a few large corporations dominate supply.

The role of the state in creating effective demand emerges from the tendency of conditions of relatively open market competition to develop into increasingly monopolistic and oligopolistic market relationships.

However, in the present context, the effects of quota restrictions in oligopolistic markets will have an additional effect of changing the conjectures of the firms competing in the market.

Third, the price history of the item, if a buyer uses this for his expectation of a future price at which he might sell the item again (given the oligopolistic market structure).

In a theoretical market with perfect information, perfect substitutes, and no transaction costs or prohibition on secondary exchange (or re-selling) to prevent arbitrage, price discrimination can only be a feature of monopolistic and oligopolistic markets, where market power can be exercised.

Informally put, in the case of an oligopolistic market this can be achieved by an agreement which specifies that the punishing firms choose outputs or prices which yield them higher profit than at the collusive allocation, so that they would actually gain in the punishment phase.

Thus the project has studied information transmission through prices, institutional substitutes for missing insurance markets (labour contracts), imperfect and oligopolistic markets in an economy-wide setting, liquidity as a means of self insurance and the role of the stock market in providing possibilities for insurance.

Milgrom received the Erwin Plein Nemmers Prize in Economics in 2008 "for contributions dramatically expanding the understanding of the role of information and incentives in a variety of settings, including auctions, the theory of the firm, and oligopolistic markets."

From the standpoint of supporters of the board and labour unions, the board gives individual farmers increased marketing power in a world market which gets them a higher price than they would otherwise get, not only through the efficiencies of scale, but as well by exercising oligopolistic marketing power on the selling side, especially for Durum wheat.

Reduced competition and choice for consumers in oligopoly markets.

In an oligopoly markets prices can become 'sticky' because if the price rises, competitors will not follow the rise.

Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand curve.

Furthermore for an equilibrium to exist in a monopoly or an oligopoly market, the price elasticity of demand must be greater than one ()(Mas-Colell).

In a theoretical market with perfect information, no transaction costs or prohibition on secondary exchange (or re-selling) to prevent arbitrage, price discrimination can only be a feature of monopoly and oligopoly markets("Price Discrimination and Imperfect Competition", Lars A. Stole), where market power can be exercised.