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The Megacorp and Oligopoly
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  • Cited by 151
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    This (lowercase (translateProductType product.productType)) has been cited by the following publications. This list is generated based on data provided by CrossRef.

    George, Donald A. R. 2018. Economic Growth with Institutional Saving and Investment. Review of Political Economy, p. 1.

    Schoder, Christian 2017. A Critical Review of the Rationale Approach to the Microfoundation of Post-Keynesian Theory. Review of Political Economy, Vol. 29, Issue. 2, p. 171.

    Melmiès, Jordan 2017. Industrial Seigniorage: The Other Face of Competition. Review of Radical Political Economics, Vol. 49, Issue. 2, p. 286.

    Bloch, Harry 2017. Neo-Schumpeterian price theory with Sraffian and post-Keynesian elements. Journal of Evolutionary Economics,

    Reich, Jens 2017. Seigniorage. p. 17.

    Jo, Tae-Hee 2016. What If There Are No Conventional Price Mechanisms?. Journal of Economic Issues, Vol. 50, Issue. 2, p. 327.

    Lah, Marko Sušjan, Andrej and Redek, Tjaša 2016. Corporate Communication and Economic Theory: An Institutionalist Perspective. Journal of Economic Issues, Vol. 50, Issue. 1, p. 121.

    Lavoie, Marc 2016. Frederic Lee and Post-Keynesian Pricing Theory. Review of Political Economy, Vol. 28, Issue. 2, p. 169.

    Harvey, John T. 2016. An Introduction to Post Keynesian Economics. The American Economist, Vol. 61, Issue. 2, p. 140.

    Aquanno, Scott and Brennan, Jordan 2016. Some Inflationary Aspects of Distributive Conflict:Reassessing Canadian Inflation, Part I. Journal of Economic Issues, Vol. 50, Issue. 1, p. 217.

    Harcourt, G. C. 2016. Post-Keynesian Essays from Down Under Volume III: Essays on Ethics, Social Justice and Economics. p. 262.

    2015. Islamic Money and Banking. p. 351.

    de Valence, Gerard and Runeson, Goran 2015. Graham Ive and the methodology of construction economics. Construction Management and Economics, Vol. 33, Issue. 2, p. 126.

    Hannsgen, Greg 2014. Fiscal Policy, Chartal Money, Mark-up Dynamics and Unemployment Insurance in a Model of Growth and Distribution. Metroeconomica, Vol. 65, Issue. 3, p. 487.

    Dallery, Thomas Éloire, Fabien and Melmiès, Jordan 2014. Leadership individuel et leadership collectif : une identification des leaders de marché et de leurs performances économiques grâce à l’analyse des réseaux sociaux. Économie et Institutions,

    Jo, Tae-Hee 2013. Saving Private Business Enterprises. American Journal of Economics and Sociology, Vol. 72, Issue. 2, p. 447.

    Godin, Antoine 2013. Employment Guarantee Schemes. p. 7.

    Ryoo, Soon and Skott, Peter 2013. Public debt and full employment in a stock-flow consistent model of a corporate economy. Journal of Post Keynesian Economics, Vol. 35, Issue. 4, p. 511.

    Milberg, William and Shapiro, Nina 2013. Implications of the recent financial crisis for firm innovation. Journal of Post Keynesian Economics, Vol. 36, Issue. 2, p. 207.

    Fernández-Huerga, Eduardo 2013. The Market Concept: A Characterization from Institutional and Post-Keynesian Economics. American Journal of Economics and Sociology, Vol. 72, Issue. 2, p. 361.

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    The Megacorp and Oligopoly
    • Online ISBN: 9780511895647
    • Book DOI: https://doi.org/10.1017/CBO9780511895647
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Book description

This book provides both an explanation of the inflation which has bedeviled economic policy in the West since the end of World War II and a micro-economic theory to purge Keynesian models of the Walrasian strain derived from Marshall's Principles. By focusing on what is taken to be the representative business firm of the twentieth century - the large corporation or megacorp - the microeconomic model presented in the book reverses the usual assumptions of economic analysis. Instead of assuming the existence of firms with no control over prices, the book examines how the megacorp uses its pricing power to finance its own internal rate of growth. The result is a determinant model of how prices are set under the sort of oligopolistic conditions which prevail in most modern industries throughout the world.

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