Cambridge Catalogue  
  • Your account
  • View basket
  • Help
Home > Catalogue > The Economics of Imperfect Competition
The Economics of Imperfect Competition


  • 114 b/w illus. 20 tables
  • Page extent: 432 pages
  • Size: 228 x 152 mm
  • Weight: 0.8 kg

Library of Congress

  • Dewey number: 338.6/048
  • Dewey version: 19
  • LC Classification: HB238 .G74 1987
  • LC Subject headings:
    • Competition, Imperfect
    • Space in economics
    • Pricing

Library of Congress Record

Add to basket


 (ISBN-13: 9780521305525 | ISBN-10: 0521305527)

DOI: 10.2277/0521305527

  • Also available in Paperback
  • Published April 1987

Manufactured on demand: supplied direct from the printer

 (Stock level updated: 12:51 GMT, 01 December 2015)


This book takes a different approach to traditional price theory and to the analysis of imperfect competition. It represented a breakthrough in the development of a 'new' microeconomic theory. Increasingly, it has been recognized that the perfectly competitive paradigm is inappropriate to the explanation of pricing behaviour in many 'real life' markets characterized by a significant separation between producers and consumers. The spatial perspective adopted by the authors provides a natural separation of markets, but provides as well a powerful analogy for apparently nonspatial issues such as product differentiation, pricing over time, problems of storage and transportation, and the economics of intraindustry trade and of the multinational enterprise. A major concern of The Economics of Imperfect Competition: A Spatial Approach is to make these analogies explicit by applying this spatial analysis to a wide variety of nonspatial problems.


List of figures and tables; Preface; 1. Introduction; Part I. Nondiscriminatory Pricing: 2. A general theory of imperfect competition and nondiscriminatory pricing: the short run; 3. A general theory of imperfect competition and nondiscriminatory pricing: the long run; 4. Nondiscriminatory prices, economic development, and merger policies; 5. Product differentiation: a spatial f.o.b. perspective; Part II. Discriminatory Pricing: 6. Discriminatory pricing and alternative demand conditions; 7. Alternative pricing policies; 8. Discriminatory pricing and market overlap; 9. Intraindustry trade: a spatial approach; 10. Optimal pricing with delivered-price or transport constraints; 11. International and intranational pricing with a general cost function: an introduction to optimal-control theory; 12. Dynamic market strategy: further application of optimal-control theory; 13. Heterogeneous prices and heterogeneous goods; 14. Empirical findings on alternative pricing policies: demand and competitive impacts; Part III. Pricing, Location, and Competition: 15. General location and market-area principles; 16. Pricing, demand distribution, and location choice; 17. Optimal location in nonspatial markets: a spatial approach; 18. Competition, free entry, and long-run profit; 19. An efficient long-run allocative equilibrium; 20. Long-run locational equilibrium; 21. Epilogue; Notes; Bibliography; Author index; Subject index.

printer iconPrinter friendly version AddThis