Now showing items 1-4 of 4
Introduction to the Theory of the Firm
The competitive behavior of a firm depends upon the structure of the market in which it operates. This note first explains the concept of market structure and then sets out the analytical criteria for classifying market ...
Theory of Oligopoly
This note elaborates the characteristics of oligopoly as a very complex type of market structure. In the real world, most large-scale manufacturing industries are oligopolistic. The essential characteristic of oligopoly ...
Theory of Monopolistic Competition
As a model of market structure Chamberlain’s theory of monopolistic competition is quite complicated. For understanding the real world situation of manufacturing industries, however, it is much more useful than the model ...
Managerial Theories of Firm