Cantitate/Preț
Produs

Market leadership strategies and effects in multinational oligopolies

Autor Lucas J Winter
en Limba Engleză Paperback – 11 iul 2015
Imperfect competition in a general equilibrium is the picture of modern industrial product markets from a bird's eye view: An asymmetry in the speed of collecting national parameters between multinationals (who have no time lag due to foreign parameters) and national firms within an industry can alter oligopolies of Cournot type to Stackelberg competition as profit maximizing output decisions become staged on a timeline. The fitting general equilibrium model yields lower welfare with a switch to a staged setting since the drop in profits is not compensated by the rise in wages that occur due to higher equilibrium output in market leadership situations. Thus, this work on industry leadership develops a power of concentration effect that is negative on general welfare, even in a comparatively advantageous setting for the dominant multinationals. The model highlights the importance of Ricardo's assumption that welfare increasing trade patterns emerge from efficiency benefits only and also seconds antitrust laws against a dominant position for the sake of (consumer) welfare.
Citește tot Restrânge

Preț: 47727 lei

Preț vechi: 51876 lei
-8% Nou

Puncte Express: 716

Preț estimativ în valută:
9133 9645$ 7600£

Carte tipărită la comandă

Livrare economică 13-27 ianuarie 25

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9783838131788
ISBN-10: 3838131789
Pagini: 236
Dimensiuni: 150 x 220 x 15 mm
Greutate: 0.35 kg
Editura: Südwestdeutscher Verlag für Hochschulschriften AG Co. KG

Notă biografică

Dr. Lucas J Winter studied economics at the Karl-Franzens-University, Austria and UC Berkeley, USA. He currently works in various international projects in the automotive industry, where his theories on industrial economics and strategy can be thoroughly tested.