Oligopoly, Auctions and Market Quality (Economics, Law, and by Krishnendu Ghosh Dastidar
By Krishnendu Ghosh Dastidar
This booklet presents an fiscal research of varied elements of ‘market quality’, a brand new notion which emerged within the twenty first century, utilizing the instruments of ‘oligopoly conception’ and ‘auction concept’ that developed over the nineteenth and twentieth centuries. within the economics literature the hyperlink among the theories of oligopoly and auctions with marketplace caliber continues to be mostly unexplored. This booklet makes an attempt to forge one of these hyperlink because it brings jointly appropriate theoretical ends up in the literature on those themes below a unified framework. whereas the e-book is especially theoretical in nature, it additionally discusses a few particular matters concerning the issues of industry caliber in rising economies like India. Illustrated through rigorously selected examples, this ebook is very steered to readers who search an in-depth and updated built-in evaluation of the hot box of marketplace caliber economics and have an interest in a few open examine difficulties during this area.
How may still auctions and different allocation mechanisms be designed for oligopolistic industries to accomplish such ambitions as potency, top quality output and speedy construction? Krishnendu Ghosh Dastidar’s publication bargains novel research of this query and likewise a few fascinating solutions. hugely recommended.
Eric S. Maskin, Nobel laureate in Economics
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