The Economics of Imperfect Competition

The Economics of Imperfect Competition
Author: Melvin L. Greenhut
Publisher: Cambridge University Press
Total Pages: 432
Release: 1987-01-30
Genre: Business & Economics
ISBN: 9780521315647

Download The Economics of Imperfect Competition Book in PDF, Epub and Kindle

This new approach to traditional price theory and to the analysis of imperfect competition represents a breakthrough in the development of a "new" microeconomic theory. Addresses issues in price theory, industrial organization, international trade and regional urban economics.

Spatial Price Theory of Imperfect Competition

Spatial Price Theory of Imperfect Competition
Author: Hiroshi Ohta
Publisher: Texas A&M University Press
Total Pages: 274
Release: 1988
Genre: Business & Economics
ISBN:

Download Spatial Price Theory of Imperfect Competition Book in PDF, Epub and Kindle

Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.

Does Economic Space Matter?

Does Economic Space Matter?
Author: Hiroshi Ohta
Publisher: Springer
Total Pages: 442
Release: 1993-09-15
Genre: Business & Economics
ISBN: 1349229067

Download Does Economic Space Matter? Book in PDF, Epub and Kindle

This is a Festschrift to honour Professor Melvin Greenhut who has long toiled on spatial economics. The book accordingly focuses on a single question: in what sense 'economic space' matters in economic theory. Space in economics is an elusive concept, apparently separating and embracing economic agents at the same time. This is why adding it to already overly complicated economic agents at the same time. This is why adding it to already overly complicated economic models may not necessarily help economics to become sufficiently realistic. In this book, leading scholars of international stature try to find ways of introducing space in economic theory which will make it simpler and more realistic, analysing theoretical and historical issues of contemporary relevance, such as land use, congestion and public goods, location theory and spatial competition.

On the Foundations of Monopolistic Competition and Economic Geography

On the Foundations of Monopolistic Competition and Economic Geography
Author: Buford Curtis Eaton
Publisher: Edward Elgar Publishing
Total Pages: 360
Release: 1997
Genre: Business & Economics
ISBN:

Download On the Foundations of Monopolistic Competition and Economic Geography Book in PDF, Epub and Kindle

A collection of 16 joint papers published between 1975 and 1993 that address models of value theory and related issues in the broader context of developing a deeper understanding of product differentiation, including spatial differentiation, and the industrial structures that generate the phenomenon. The Canadian economists (Simon Fraser U.) explain why they reject the neoclassical competitive vision of the economy, describe models that they have drawn on to develop their own vision, and outline their world view and distinguish it from others. Among their specific topics are the introduction of space into the neoclassical model of value theory, comparison shopping and the clustering of homogeneous firms, the durability of capital as a barrier to entry, and an economic theory of central places. Annotation copyrighted by Book News, Inc., Portland, OR

Spatial Economic Behaviour

Spatial Economic Behaviour
Author: R.W. Vickerman
Publisher: Springer
Total Pages: 197
Release: 1980-06-18
Genre: Business & Economics
ISBN: 1349043842

Download Spatial Economic Behaviour Book in PDF, Epub and Kindle

Spatial Microeconomics

Spatial Microeconomics
Author: Melvin L. Greenhut
Publisher: Edward Elgar Publishing
Total Pages: 616
Release: 1995
Genre: Business & Economics
ISBN:

Download Spatial Microeconomics Book in PDF, Epub and Kindle

These volumes extend classical location theory from its least cost approach to a maximum profit framework and revitalize neoclassical microeconomics by adding a spatial dimension.

Economic Integration and Spatial Location of Firms and Industries

Economic Integration and Spatial Location of Firms and Industries
Author: Miroslav N. Jovanović
Publisher: Edward Elgar Publishing
Total Pages: 624
Release: 2007
Genre: Business & Economics
ISBN:

Download Economic Integration and Spatial Location of Firms and Industries Book in PDF, Epub and Kindle

Aims to provide a survey of the theoretical foundations of spatial location of firms and industries, and to explore the impact of economic integration on this process. This book is intended for scholars, theorists, policymakers and business executives, who face these challenges to the economy.

Spatial Search

Spatial Search
Author: Gunther Maier
Publisher: Springer Science & Business Media
Total Pages: 259
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642493467

Download Spatial Search Book in PDF, Epub and Kindle

Two areas have fascinated me for a long time. One is the micro economic theory of consumer behavior, the other one the role of space in economic processes. Usually, the two don't go together very well. In more advanced versions of microeconomic consumer theory its economic actor may face uncertainty, have to allocate resources over time, or have to take into ac count the characteristics of products, but rarely deals with space. He/she inhabits a spaceless point economy. Regional Science, on the other hand, describes and analyzes the spatial structure and development of the econ omy, but either ignores individual decision making altogether or treats it in a rather simplistic way. In this book I try to bring together these two areas of interest of mine. I do this by use of the microeconomic concept of search and placing it in an explicit spatial context. The result, in my opinion, is a theoretical concept with fascinating implications, a broad set of potential implications, and numerous interesting research questions. After reading this book, where I layout the basic idea of spatial search, describe its elements, and discuss some of its implications, I hope the reader will share this opinion. There are still plenty of unanswered research questions in this part of economic theory. Hopefully, this book will stimulate more work along these lines.