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Preface | |
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Ideas of the Founding Fathers: Oligopoly Theory and Modern Game Theory | |
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Game Theory Tools | |
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Games in Normal Form and Nash Equilibrium | |
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Supermodular Games and Lattice Programming | |
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Lattices and Tarski's Theorem | |
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Monotonicity of Optimal Solutions, Lattice Programming, and Complementarity | |
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Supermodular Games | |
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Existence Results for Quasi-increasing and Decreasing Best Replies | |
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Quasi-increasing Best Replies in Symmetric Games | |
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Decreasing Best Replies in n-Player Games | |
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Mixed Strategies | |
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Uniqueness | |
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Stability | |
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Dominance Solvability and Rationalizability | |
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Tatonnement Stability | |
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Incomplete Information and Bayesian Nash Equilibrium | |
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Lattice Programming under Uncertainty | |
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Information Structures and Signals | |
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Bayesian Equilibrium | |
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Summary | |
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Exercises | |
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Foundations of Partial Equilibrium Analysis | |
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A Canonical Partial Equilibrium Model | |
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Small Expenditure Shares and Small Income Effects | |
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Consumer Surplus Analysis | |
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Summary | |
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Exercises | |
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Quantity Competition: The Cournot Model | |
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The Model and Existence of Equilibrium | |
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Characterization of Smooth Cournot Games | |
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Comparative Statics and Entry | |
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Comparative Statics | |
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Entry | |
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Large Markets | |
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Summary | |
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Exercises | |
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Price Competition: The Models of Bertrand and Edgeworth | |
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Bertrand Competition | |
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Bertrand-Edgeworth Competition | |
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Rationing Rules and Contingent Demand | |
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Equilibria: The Existence Problem | |
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Mixed Strategies | |
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Price Competition and the Cournot Model | |
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Large Bertrand-Edgeworth Markets | |
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Concluding Remark: The Rationale for Mixed Strategies | |
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Summary | |
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Exercises | |
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Product Differentiation | |
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Demand Systems | |
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Quantity and Price Competition | |
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Characterization and Comparison of Cournot and Bertrand Equilibria | |
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Large Markets and Monopolistic Competition | |
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Bertand-Edgeworth-Chamberlin Competition | |
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Monopolistic Competition and Entry | |
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Product Selection and Complementary Products | |
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Summary | |
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Exercises | |
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Conjectures, Reactions, and Commitment | |
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Conjectural Variations | |
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Supply Functions | |
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Capacity Determining Competitive Supply | |
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Choice of Strategy Space | |
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Discussion | |
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Collusion and Facilitating Practices | |
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Commitment and Pricing | |
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The Stackelberg Model | |
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Entry Deterrence, Limit Pricing, and Incumbency Advantages | |
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A Taxonomy of Strategic Behavior | |
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Summary | |
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Exercises | |
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Competition with Asymmetric Information | |
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Static Competition with Incomplete Information | |
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Existence of Bayesian Equilibrium | |
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The Linear-Normal Model | |
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Monopolistic Competition with Private Information | |
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Information Sharing | |
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Information Exchange in Oligopoly | |
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Monopolistic Competition: Trade Associations and Disclosure Rules | |
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Welfare Analysis | |
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Strategic Information Transmission | |
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Information Exchange, Collusion, and Mechanism Design | |
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Mechanism Design and Collusion | |
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Collusion in a Cournot Market | |
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Collusion in a Large Market | |
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Information Sharing in Large Markets | |
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Commitment under Uncertainty and Information Manipulation | |
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Uncertainty, Flexibility, and Commitment | |
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Observability, Commitment, and Private Information | |
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Limit Pricing and Signaling Distortions | |
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Price Setting and Information Manipulation | |
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Summary | |
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Exercises | |
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Repeated Interaction and Dynamics | |
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Repeated Interaction and Collusion | |
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Finite Horizon | |
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Infinite Horizon | |
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Uncertainty and Imperfect Monitoring | |
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Collusive Pricing and Fluctuations | |
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Private Information, Communication, and Collusion | |
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Discussion | |
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Dynamic Pricing and Commitment | |
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Alternating Move Duopoly Games | |
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A Taxonomy of Strategic Behavior with Adjustment Costs | |
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Commitment and Pricing in Continuous Time | |
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Summary | |
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Exercises | |
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Epilogue | |
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Notes | |
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References | |
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Index | |