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Theory of Oligopoly

Author

Listed:
  • George Stigler

Abstract

Our modification of this theory consists simply in presenting a systematic account of the factors governing the feasibility of collusion, which like most things in this world is not free. (George Stigler)

Suggested Citation

  • George Stigler, 2010. "Theory of Oligopoly," CPI Journal, Competition Policy International, vol. 6.
  • Handle: RePEc:cpi:cpijrn:6.2.2010:i=5742
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    Citations

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    Cited by:

    1. Susan Athey & Kyle Bagwell & Chris Sanchirico, 2004. "Collusion and Price Rigidity," Review of Economic Studies, Oxford University Press, vol. 71(2), pages 317-349.
    2. Marc S. Robinson, 1984. "Collusion and the Choice of Auction," UCLA Economics Working Papers 340, UCLA Department of Economics.
    3. David Genesove & Wallace Mullin, 1999. "The Sugar Institute Learns to Organize Information Exchange," NBER Chapters,in: Learning by Doing in Markets, Firms, and Countries, pages 103-144 National Bureau of Economic Research, Inc.
    4. Chaim Fershtman & Ariel Pakes, 2000. "A Dynamic Oligopoly with Collusion and Price Wars," RAND Journal of Economics, The RAND Corporation, vol. 31(2), pages 207-236, Summer.
    5. Ahmad Ismail & Ian Davidson, 2005. "Further analysis of mergers and shareholder wealth effects in European banking," Applied Financial Economics, Taylor & Francis Journals, vol. 15(1), pages 13-30.
    6. B. Jacobsen, 1999. "Auctions Without Competition: The Case of Timber Sales in the Murmansk Region," Working Papers ir99072, International Institute for Applied Systems Analysis.
    7. David Levine, 1981. "The Enforcement of Collusion in a Simple Oligopoly," UCLA Economics Working Papers 211, UCLA Department of Economics.
    8. Carbó, Santiago & Humphrey, David & Maudos, Joaquín & Molyneux, Philip, 2009. "Cross-country comparisons of competition and pricing power in European banking," Journal of International Money and Finance, Elsevier, vol. 28(1), pages 115-134, February.
    9. Richard Dagen & Daniel Richards, 2006. "Merger Theory and Evidence: The Baby-Food Case Reconsidered," Discussion Papers Series, Department of Economics, Tufts University 0602, Department of Economics, Tufts University.
    10. David Levine, 1982. "Enforcement of Collusion in Oligopoly," UCLA Economics Working Papers 247, UCLA Department of Economics.
    11. Andrei Shleifer & Robert W. Vishny, 1993. "Corruption," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 599-617.
    12. Ben T. Yu, 1983. "Two Models of Competition in Innovation," UCLA Economics Working Papers 287, UCLA Department of Economics.
    13. Marc S. Robinson, 1984. "Oil Lease Auctions: Reconciling Economic Theory with Practice," UCLA Economics Working Papers 292, UCLA Department of Economics.
    14. Earl A. Thompson, 1979. "On Labor's Right to Strike," UCLA Economics Working Papers 162, UCLA Department of Economics.
    15. Gerlach, Heiko, 2009. "Stochastic market sharing, partial communication and collusion," International Journal of Industrial Organization, Elsevier, vol. 27(6), pages 655-666, November.
    16. Margaret Levenstein, 1993. "Vertical Restraints in the Bromine Cartel: The Role of Distributors in Facilitating Collusion," NBER Historical Working Papers 0049, National Bureau of Economic Research, Inc.

    More about this item

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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