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Abstract

Economics recognizes two opposite market forms: competition and monopoly. In the competitive case the firms are very numerous and thus small in relation to the total size of the market. In consequence they consider market price as being approximately given independently of any action they can take on their own with regard to their supply.

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© 2000 Springer-Verlag Berlin Heidelberg

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Puu, T. (2000). Duopoly and Oligopoly. In: Attractors, Bifurcations, and Chaos. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04094-2_7

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  • DOI: https://doi.org/10.1007/978-3-662-04094-2_7

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-662-04096-6

  • Online ISBN: 978-3-662-04094-2

  • eBook Packages: Springer Book Archive

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