Background
FRIEDMAN, James W. was born in 1936 in Cleveland, Ohio, United States of America.
(James Friedman provides a thorough survey of oligopoly th...)
James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible. While the earlier ideas of Cournot, Hotelling, and Chamberlin are presented, the larger part of the book is devoted to the modern work on oligopoly that has resulted from the application of dynamic techniques and game theory to this area of economics. The book begins with static oligopoly theory. Cournot's model and its more recent elaborations are covered in the first substantive chapter. Then the Chamberlinian analysis of product differentiation, spatial competition, and characteristics space is set out. The subsequent chapters on modern work deal with reaction functions, advertising, oligopoly with capital, entry, and oligopoly using noncooperative game theory. A large bibliography is provided.
http://www.amazon.com/gp/product/0521282446/?tag=2022091-20
(James Friedman provides a thorough survey of oligopoly th...)
James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible. While the earlier ideas of Cournot, Hotelling, and Chamberlin are presented, the larger part of the book is devoted to the modern work on oligopoly that has resulted from the application of dynamic techniques and game theory to this area of economics. The book begins with static oligopoly theory. Cournot's model and its more recent elaborations are covered in the first substantive chapter. Then the Chamberlinian analysis of product differentiation, spatial competition, and characteristics space is set out. The subsequent chapters on modern work deal with reaction functions, advertising, oligopoly with capital, entry, and oligopoly using noncooperative game theory. A large bibliography is provided.
http://www.amazon.com/gp/product/0521282446/?tag=2022091-20
FRIEDMAN, James W. was born in 1936 in Cleveland, Ohio, United States of America.
Bachelor of Arts University Michigan, Master of Arts, Doctor of Philosophy Yale University, 1960, 1963.
Instructor Economics, Assistant Professor of Economics, Research Staff, Assistant Director, Cowles Foundation, Yale University, 1962-1963,1963-1968,1964-1966. Consultant, General Electric Company, New York, 1964, Research and Development Corporation, Santa Monica, California, 1965. Association Professor, Professor of Economics, University Rochester, 1968-1972, 1972-1983.
Visiting Professor, Institute, Institution Mathematics Economics, University Bielefeld, West. Germany, 1976, Hebrew University, Jerusalem, 1973.
Professor Political Science, University Rochester, 1980-1983. Professor of Economics, Virginia Polytechnic Institute, and State University, Blacksburg, Virginia, United States of America, since 1983.
Association Editor, Econometrica, 1957-1981.
(James Friedman provides a thorough survey of oligopoly th...)
(James Friedman provides a thorough survey of oligopoly th...)
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My work has been in oligopoly and game theory. Early work centred on laboratory experimentation, which I believe to be a neglected, a potentially very illuminating method of empirical investigations. Later I concentrated on pure theory in oligopoly and games.
TTiis work was interrelated in two respects: first, dynamic models were studied and developed in both areas, second, the game theory work was largely motivated by a desire to develop tools in game theory that would be of particular use for applications in economics.