Statements (50)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:analyzes |
market structure
|
gptkbp:appliesTo |
gptkb:Nash_equilibrium
repeated games dominant strategy equilibrium subgame perfect equilibrium backward induction strategic behavior predatory pricing price wars payoff matrices entry deterrence first-mover advantage reaction functions credible commitments credible threats limit pricing market sharing agreements second-mover advantage |
gptkbp:contrastsWith |
monopolistic competition theory
monopoly theory perfect competition theory |
gptkbp:developedBy |
gptkb:Antoine_Augustin_Cournot
gptkb:Joseph_Bertrand gptkb:Heinrich_von_Stackelberg |
gptkbp:explains |
price rigidity
product differentiation barriers to entry collusion market power price leadership non-price competition cartel formation explicit collusion game theory applications tacit collusion |
gptkbp:explores |
interdependence of firms
|
gptkbp:focusesOn |
few sellers
|
https://www.w3.org/2000/01/rdf-schema#label |
Oligopoly theory
|
gptkbp:includes |
Cournot model
Bertrand model Kinked demand curve Stackelberg model |
gptkbp:relatedTo |
microeconomics
industrial organization |
gptkbp:studies |
oligopoly
|
gptkbp:usedIn |
antitrust law
antitrust policy |
gptkbp:bfsParent |
gptkb:Bertrand_competition
|
gptkbp:bfsLayer |
7
|