as a tight oligopoly. A loose oligopoly occurs when the four-firm concentration is in the range of 40-60. Some characteristics of oligopolies include: Profit...
54 KB (6,520 words) - 21:58, 13 August 2024
Imperfect competition (section Oligopoly)
the paradox of excess capacity and price exceeding marginal cost. In an oligopoly market structure, the market is supplied by a small number of firms (more...
20 KB (2,478 words) - 13:02, 29 May 2024
Market power (section Oligopoly power)
"Oligopoly - characteristics | Economics Online | Economics Online". 2020-01-20. Retrieved 2021-04-18. Carr, Christopher (2020). Global Oligopoly : a...
35 KB (4,523 words) - 08:35, 25 April 2024
Microeconomics (section Oligopoly)
producers. An oligopoly is a market structure in which a market or industry is dominated by a small number of firms (oligopolists). Oligopolies can create...
49 KB (5,884 words) - 03:47, 27 August 2024
published "Demand Under Conditions of Oligopoly." Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand...
8 KB (1,146 words) - 10:29, 14 March 2023
can be homogeneous or differentiated). Three types of oligopoly. Due to the hallmark of oligopoly being the presence of strategic interactions among rival...
21 KB (2,671 words) - 09:26, 27 April 2024
Price point (section Oligopoly pricing)
from raising prices unilaterally); on the other hand, any firm in an oligopoly which lowers its prices will most likely be matched by competitors, resulting...
5 KB (617 words) - 15:11, 24 August 2024
form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all...
95 KB (12,803 words) - 10:28, 17 August 2024
they generally need to be a monopoly or a dominant firm in a duopoly or oligopoly who has significant influence over the market. Anti-competitive behavior...
25 KB (3,203 words) - 07:31, 23 August 2024
Duopoly (category Oligopoly)
(from Greek δύο, duo "two" and πωλεῖν, polein "to sell") is a type of oligopoly where two firms have dominant or exclusive control over a market, and...
21 KB (2,625 words) - 08:48, 4 August 2024