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Price and Nonprice Rivalry in Oligopoly

The Integrated Battleground

  • Book
  • © 1998

Overview

Authors:
  1. Robert E. Kuenne

    1. Princeton University, USA

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xx
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  2. Some Necessary Preliminaries

    1. Front Matter

      Pages 1-1
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    2. On Definitions and the Problems of Measurement

      • Robert E. Kuenne
      Pages 3-20

    3. Core Characteristics Analysis

      • Robert E. Kuenne
      Pages 21-49

    4. Rivalrous Consonance: An Approach to Mature Oligopolistic Competition

      • Robert E. Kuenne
      Pages 50-79

  3. Decision Making in Oligopoly: Approaches in the Literature

    1. Front Matter

      Pages 81-81
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    2. Hotelling Models and Other Spatial Analogs

      • Robert E. Kuenne
      Pages 83-104

    3. Characteristics as Objects of Consumer Preference

      • Robert E. Kuenne
      Pages 105-126

    4. Game-theoretic and Monopolistic Competition Analyses

      • Robert E. Kuenne
      Pages 127-152

    5. Pure Competition and Monopoly: A Beginning

      • Robert E. Kuenne
      Pages 153-173

  4. Theoretical Guidance to and Usage of Modeling Methodologies

    1. Front Matter

      Pages 175-175
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    2. The Isolated Firm and Consumer Benchmarking of Measurable Characteristics

      • Robert E. Kuenne
      Pages 177-219

    3. Oligopolistic Competition and Consumer Benchmarking in a Rivalrous Consonance Market Structure: Measurable Characteristics

      • Robert E. Kuenne
      Pages 220-265

    4. Oligopolistic Competition with Scaling of Characteristics

      • Robert E. Kuenne
      Pages 266-297

    5. Nodal Changes in Brand Locations in Product Space

      • Robert E. Kuenne
      Pages 298-327

    6. Selling Costs and Cognitive Distancing

      • Robert E. Kuenne
      Pages 328-388

  5. Epilog and Prospectus

    1. Front Matter

      Pages 389-389
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    2. A Final Word

      • Robert E. Kuenne
      Pages 391-400

  6. Back Matter

    Pages 401-429
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Keywords

About this book

The theory of price and quality decision-making in industries with a few firms which recognize their mutual interdependence is of increasing interest to economists and policy makers. This book introduces a novel theory of that decision-making, based upon the notion of the industry as a community of agents who are involved in both competitive and cooperative relationships. It develops theories and illustrates methodological approaches to the analysis of price and quality decision-making in such instances of a 'rivalrous consonance of interests' among firms.

Reviews

'Any attempt to broaden our understanding of the working of markets is more than welcome. And analyses that deviate from the well-known path of economic thinking that we all know and love are all the more welcome, expecially if such an attempt is made by a scholar as distinguished as Robert Kuenne.' - J. Hinloopen, Journal of Economics/Zeitschrift für Nationalökonomie

Authors and Affiliations

  • Princeton University, USA

    Robert E. Kuenne

About the author

ROBERT E. KUENNE is Professor of Economics, Emeritus, Princeton University, and Director of the General Economic Systems Company in Princeton, New Jersey. He is the author or editor of 15 books, specialising in economic theory and industrial organisation, notably in general equilibrium and of oligopoly theory. He has pioneered the theory of rivalrous consonance in oligopoly theory which provides and operational framework for analysing tacit collusion among rivals in oligopolistic industries.

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