The Economics of Competition, Collusion and In-between

Abstract

The Economics of Competition, Collusion and In-between "This is an excellent and concise study of the field of imperfect competition in both a general and partial equilibrium setting by two of the world's experts in this field. Starting from the basics of Edgeworth and Cournot, the authors gradually build up and extend the framework to include within and between group competition, the intensity of competitive behaviour and general equilibrium Ford effects. Throughout the microfoundations are rigorous and clearly explained, with simple examples and diagrams to illustrate the general insights. I recommend this book to any economist who wants to understand imperfect competition from a theoretical perspective."