Price Theory and Oligopoly

Bloch, Harry; Bhattacharya, M.

Access Status

Open access via publisher

Authors

Bloch, Harry

Bhattacharya, M.

Date

2014

Type

Conference Paper

Metadata

Show full item record

Citation

Bloch, H. and Bhattacharya, M. 2014. Price Theory and Oligopoly, in Altzinger, W. and Guger, A. and Mooslechner, P. and Nowotny, E. eds. (2014) Economics as a Multi-Paradigmatic Science. In Honour of Kurt W. Rothschild (1914-2010), pp. 116-131. Wien: Oesterreichische Nationalbank.

Source Title

Economics as a Multi-Paradigmatic Science: In Honour of Kurt W. Rothschild (1914-2010)

Source Conference

Economics as a Multi-Paradigmatic Science

Additional URLs

http://epub.wu.ac.at/4305/

Faculty

Faculty of Business and Law

School

School of Economics, Finance and Property

URI

http://hdl.handle.net/20.500.11937/75726

Collection

Curtin Research Publications

Abstract

In his seminal article, ‘Price theory and oligopoly’ (Rothschild 1947), Kurt Rothschild critically reviews recent developments in the theory of imperfect competition and puts forward several ideas on how the theory might develop in the future. Subsequent developments in the theory of imperfect competition have shown the fruitfulness of his ideas. In this paper we review these developments and discuss the correspondence to Rothschild’s original propositions. We also discuss ideas from Rothschild (1947) and his later writings that can stimulate developments in price theory in the future.