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Chapter 11

Oligopoly

Competencia de oligopolios
Competencia de oligopolios
An oligopoly is a market structure characterized by large firms that dominate the market, offering similar or identical products. This concentration of ...
Tipo de oligopolio: Colusorio
Tipo de oligopolio: Colusorio
A collusive oligopoly occurs when firms in an oligopolistic market—where only a few companies dominate—agree to work together instead of ...
Tipo de oligopolio: No colusorio
Tipo de oligopolio: No colusorio
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 ...
El oligopolio y sus prácticas desleales
El oligopolio y sus prácticas desleales
An oligopoly, where market power is concentrated among a few entities, can lead to unfair strategies that disrupt the competitive landscape and reduce ...
Políticas Públicas bajo Oligopolio: Leyes de Defensa de la Competencia
Políticas Públicas bajo Oligopolio: Leyes de Defensa de la Competencia
Public policy plays a crucial role in regulating the behavior of firms within oligopolistic markets to protect consumers and encourage fair competition. ...
Diferenciación de los tipos de mercados
Diferenciación de los tipos de mercados
Market structures are classified by distinct characteristics that influence how firms compete and set prices. In the realm of perfect competition, ...
Concurso Bertrand
Concurso Bertrand
In a Bertrand oligopoly, companies compete by strategically setting prices rather than engaging in a continuous price-cutting war. Each company ...
Equilibrio de Nash de un oligopolio de Bertrand
Equilibrio de Nash de un oligopolio de Bertrand
A Bertrand oligopoly occurs when a few firms compete by strategically setting prices rather than lowering them indefinitely. In this model, firms sell ...
Concurso de Cournot
Concurso de Cournot
Firms indirectly determine price through output choices, rather than avoiding price-setting altogether. Each firm assumes its competitor’s production ...
Equilibrio en un oligopolio de Cournot
Equilibrio en un oligopolio de Cournot
In the Cournot model, businesses compete based on the assumption that each firm chooses its production quantity by presuming its rivals’ output levels. ...
Concurso de Stackelberg
Concurso de Stackelberg
The Stackelberg model illustrates a type of oligopoly where a leading firm sets its production quantity, anticipating the reaction of follower firms, who ...
Stackelberg y la ventaja de ser el primero en moverse
Stackelberg y la ventaja de ser el primero en moverse
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 ...
Productos diferenciados: Competencia de Bertrand
Productos diferenciados: Competencia de Bertrand
The Bertrand model with differentiated products explains how companies compete on both price and perceived value. The classic Bertrand model assumes ...
Equilibrio en un mercado de productos diferenciados
Equilibrio en un mercado de productos diferenciados
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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