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Market Structure and Equilibrium [electronic resource] / by Heinrich von Stackelberg.

By: von Stackelberg, Heinrich [author.].
Contributor(s): SpringerLink (Online service).
Material type: materialTypeLabelBookPublisher: Berlin, Heidelberg : Springer Berlin Heidelberg, 2011Description: XIV, 134p. 9 illus. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783642125867.Subject(s): Economics | Mathematics | Economics, Mathematical | Economics/Management Science | Game Theory/Mathematical Methods | Game Theory, Economics, Social and Behav. SciencesDDC classification: 330.0151 | 330 Online resources: Click here to access online
Contents:
Comments on the Translation -- 1 Stating the Economic Problem and Basic Principles -- 2 General Analysis of Typical Market Structures -- 3 Analysis of the Relationship between Dual Markets and Multiple Markets -- 4 Dyopolistic Market Share Ranking -- 5 Landmark History of Economic Thought -- 6 Market Structure and Economic Policy -- Mathematical Appendix -- Bibliography.
In: Springer eBooksSummary: In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.
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Comments on the Translation -- 1 Stating the Economic Problem and Basic Principles -- 2 General Analysis of Typical Market Structures -- 3 Analysis of the Relationship between Dual Markets and Multiple Markets -- 4 Dyopolistic Market Share Ranking -- 5 Landmark History of Economic Thought -- 6 Market Structure and Economic Policy -- Mathematical Appendix -- Bibliography.

In his book „Marktform und Gleichgewicht“, published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation in which the leader firm moves first and the follower firms then move sequentially. This game-theoretic model, now widely known as Stackelberg competition, has had tremendous impact on the theory of the firm and economic analysis in general, and has been applied to study decision-making in various fields of business. As the first translation of von Stackelberg’s book into English, this volume makes his classic work available in its original form to an English-speaking audience for the very first time.

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