Price Theory and Oligopoly
Access Status
Open access via publisher
Date
2014Type
Conference Paper
Metadata
Show full item recordCitation
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
Faculty
Faculty of Business and Law
School
School of Economics, Finance and Property
Collection
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.
Related items
Showing items related by title, author, creator and subject.
-
Bloch, Harry; Eaton, C.; Rothschild, R. (2014)In their efforts to create and maintain a position in a market, firms make positioning investments of various sorts, in R&D, plant, advertising, and location, or more generally, in product development and maintenance. In ...
-
Freilinger, M.; Böhm, M.; Lanator, I.; Vergesslich-Rothschild, K.; Huber, W.; Anderson, A.; Wong, K.; Baikie, G.; Ravikumara, M.; Downs, Jennepher; Leonard, H. (2014)AIM: This study determined the prevalence of cholelithiasis and/or cholecystectomy in Rett syndrome, described gallbladder function in a clinical cohort, and identified recommendations for assessment and management of ...
-
Bloch, Harry; Eaton, C.; Rothschild, R. (2013)In their efforts to create a position in a market, and to maintain that position, firms make positioning investments of various sorts, in R&D, plant, advertising, and location, or more generally, in product development ...