Preface | p. xi |
Ideas of the Founding Fathers: Oligopoly Theory and Modern Game Theory | p. 1 |
Game Theory Tools | p. 11 |
Games in Normal Form and Nash Equilibrium | p. 12 |
Supermodular Games and Lattice Programming | p. 16 |
Lattices and Tarski's Theorem | p. 17 |
Monotonicity of Optimal Solutions, Lattice Programming, and Complementarity | p. 23 |
Supermodular Games | p. 31 |
Existence Results for Quasi-increasing and Decreasing Best Replies | p. 39 |
Quasi-increasing Best Replies in Symmetric Games | p. 39 |
Decreasing Best Replies in n-Player Games | p. 42 |
Mixed Strategies | p. 44 |
Uniqueness | p. 47 |
Stability | p. 49 |
Dominance Solvability and Rationalizability | p. 49 |
Tatonnement Stability | p. 50 |
Incomplete Information and Bayesian Nash Equilibrium | p. 58 |
Lattice Programming under Uncertainty | p. 58 |
Information Structures and Signals | p. 61 |
Bayesian Equilibrium | p. 65 |
Summary | p. 69 |
Exercises | p. 70 |
Foundations of Partial Equilibrium Analysis | p. 75 |
A Canonical Partial Equilibrium Model | p. 75 |
Small Expenditure Shares and Small Income Effects | p. 77 |
Consumer Surplus Analysis | p. 85 |
Summary | p. 90 |
Exercises | p. 90 |
Quantity Competition: The Cournot Model | p. 93 |
The Model and Existence of Equilibrium | p. 93 |
Characterization of Smooth Cournot Games | p. 96 |
Comparative Statics and Entry | p. 101 |
Comparative Statics | p. 101 |
Entry | p. 107 |
Large Markets | p. 110 |
Summary | p. 112 |
Exercises | p. 113 |
Price Competition: The Models of Bertrand and Edgeworth | p. 117 |
Bertrand Competition | p. 117 |
Bertrand-Edgeworth Competition | p. 123 |
Rationing Rules and Contingent Demand | p. 124 |
Equilibria: The Existence Problem | p. 126 |
Mixed Strategies | p. 128 |
Price Competition and the Cournot Model | p. 132 |
Large Bertrand-Edgeworth Markets | p. 136 |
Concluding Remark: The Rationale for Mixed Strategies | p. 137 |
Summary | p. 138 |
Exercises | p. 138 |
Product Differentiation | p. 143 |
Demand Systems | p. 144 |
Quantity and Price Competition | p. 148 |
Characterization and Comparison of Cournot and Bertrand Equilibria | p. 154 |
Large Markets and Monopolistic Competition | p. 160 |
Bertand-Edgeworth-Chamberlin Competition | p. 164 |
Monopolistic Competition and Entry | p. 167 |
Product Selection and Complementary Products | p. 176 |
Summary | p. 177 |
Exercises | p. 178 |
Conjectures, Reactions, and Commitment | p. 185 |
Conjectural Variations | p. 185 |
Supply Functions | p. 187 |
Capacity Determining Competitive Supply | p. 190 |
Choice of Strategy Space | p. 192 |
Discussion | p. 196 |
Collusion and Facilitating Practices | p. 197 |
Commitment and Pricing | p. 199 |
The Stackelberg Model | p. 200 |
Entry Deterrence, Limit Pricing, and Incumbency Advantages | p. 205 |
A Taxonomy of Strategic Behavior | p. 213 |
Summary | p. 219 |
Exercises | p. 220 |
Competition with Asymmetric Information | p. 225 |
Static Competition with Incomplete Information | p. 225 |
Existence of Bayesian Equilibrium | p. 229 |
The Linear-Normal Model | p. 230 |
Monopolistic Competition with Private Information | p. 234 |
Information Sharing | p. 237 |
Information Exchange in Oligopoly | p. 237 |
Monopolistic Competition: Trade Associations and Disclosure Rules | p. 245 |
Welfare Analysis | p. 248 |
Strategic Information Transmission | p. 252 |
Information Exchange, Collusion, and Mechanism Design | p. 262 |
Mechanism Design and Collusion | p. 263 |
Collusion in a Cournot Market | p. 264 |
Collusion in a Large Market | p. 269 |
Information Sharing in Large Markets | p. 273 |
Commitment under Uncertainty and Information Manipulation | p. 277 |
Uncertainty, Flexibility, and Commitment | p. 277 |
Observability, Commitment, and Private Information | p. 279 |
Limit Pricing and Signaling Distortions | p. 284 |
Price Setting and Information Manipulation | p. 288 |
Summary | p. 293 |
Exercises | p. 294 |
Repeated Interaction and Dynamics | p. 301 |
Repeated Interaction and Collusion | p. 301 |
Finite Horizon | p. 302 |
Infinite Horizon | p. 305 |
Uncertainty and Imperfect Monitoring | p. 313 |
Collusive Pricing and Fluctuations | p. 316 |
Private Information, Communication, and Collusion | p. 319 |
Discussion | p. 322 |
Dynamic Pricing and Commitment | p. 323 |
Alternating Move Duopoly Games | p. 325 |
A Taxonomy of Strategic Behavior with Adjustment Costs | p. 330 |
Commitment and Pricing in Continuous Time | p. 336 |
Summary | p. 347 |
Exercises | p. 348 |
Epilogue | p. 353 |
Notes | p. 359 |
References | p. 385 |
Index | p. 415 |
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