9781334475962 - The Relative Rigidity of Monopoly Pricing (Classic Reprint) di Rotemberg, Julio J. (4 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book investigates why companies with a single dominant control in the marketplace, known as monopolies, tend to change the prices of their products less often than oligopolies, businesses with fewer dominant firms within a market. The author analyzes industry structure and its relationship with pricing, with a specific emphasis on rigidity in pricing. The author utilizes several empirical studies to support the central thesis that while there may be costs to changing prices, the benefits of doing so are less valuable to monopolies than they are to oligopolies. The author concludes that understanding the different incentives that oligopolies and monopolies have to adjust their prices is valuable for business strategists and policymakers alike. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.

Condizione: New. KlappentextrnrnExcerpt from The Relative Rigidity of Monopoly PricingThe relationship between industry structure and pricing is a major focus of Industrial Organization. One of the most striking facts to have emerged about this relations.