Chapter 11
Oligopoly
Oligopol-Wettbewerb
An oligopoly is a market structure characterized by large firms that dominate the market, offering similar or identical products. This concentration of ...
Art des Oligopols: kollusiv
A collusive oligopoly occurs when firms in an oligopolistic market—where only a few companies dominate—agree to work together instead of ...
Art des Oligopols: nicht kollusiv
A non-collusive oligopoly is a market structure where only a few firms dominate but compete against each other. In this setting, firms are independently ...
Das Oligopol und seine unlauteren Praktiken
An oligopoly, where market power is concentrated among a few entities, can lead to unfair strategies that disrupt the competitive landscape and reduce ...
Öffentliche Ordnung im Oligopol: Kartellgesetze
Public policy plays a crucial role in regulating the behavior of firms within oligopolistic markets to protect consumers and encourage fair competition. ...
Unterscheidung von Markttypen
Market structures are classified by distinct characteristics that influence how firms compete and set prices.
In the realm of perfect competition, ...
Bertrand-Wettbewerb
In a Bertrand oligopoly, companies compete by strategically setting prices rather than engaging in a continuous price-cutting war. Each company ...
Nash-Gleichgewicht eines Bertrand-Oligopols
A Bertrand oligopoly occurs when a few firms compete by strategically setting prices rather than lowering them indefinitely. In this model, firms sell ...
Cournot-Wettbewerb
Firms indirectly determine price through output choices, rather than avoiding price-setting altogether. Each firm assumes its competitor’s production ...
Gleichgewicht in einem Cournot-Oligopol
In the Cournot model, businesses compete based on the assumption that each firm chooses its production quantity by presuming its rivals’ output levels. ...
Stackelberg-Wettbewerb
The Stackelberg model illustrates a type of oligopoly where a leading firm sets its production quantity, anticipating the reaction of follower firms, who ...
Stackelberg und First Mover Vorteil
The Stackelberg model explains how being the first mover in a market gives a firm a competitive edge. The first-mover advantage is the benefit of ...
Differenzierte Ware: Bertrand Competition
The Bertrand model with differentiated products explains how companies compete on both price and perceived value. The classic Bertrand model assumes ...
Gleichgewicht in einem Bertrand-Markt für differenzierte Produkte
In the Bertrand model with differentiated products, firms compete on price while offering similar but not identical goods. Differentiation softens price ...
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