TY - BOOK ID - 211665 TI - Strategic competition in oligopolies with fluctuating demand PY - 2006 SN - 1280461454 9786610461455 3540295577 3540295569 PB - Berlin ; New York : Springer, DB - UniCat KW - Oligopolies KW - Competition KW - Game theory. KW - Mathematical models. KW - Games, Theory of KW - Theory of games KW - Mathematical models KW - Mathematics KW - Leadership. KW - Organization. KW - Industrial organization. KW - Microeconomics. KW - Business Strategy/Leadership. KW - Industrial Organization. KW - Price theory KW - Economics KW - Industries KW - Organization KW - Industrial concentration KW - Industrial management KW - Industrial sociology KW - Organisation KW - Management KW - Ability KW - Command of troops KW - Followership KW - Planning. KW - Creation (Literary, artistic, etc.) KW - Executive ability UR - https://www.unicat.be/uniCat?func=search&query=sysid:211665 AB - Dynamic oligopolistic competition has implications both for the strategic management of firms and for the design of an effective competition policy. Consequently, the present book considers the issue from a private and social perspective. It discusses the potential pro- and anticollusive effects of long-term business strategies, especially for cooperation and reinvestment in production, financing and management compensation, in markets with fluctuating demand. The method of supergame theory is applied to integrate long-run decisions and different types of demand into the analysis. Aside from its contributions to the theoretical literature, the book provides valuable insights into the design of competition policy. The observed development of prices is an indicator of the extent of collusion in the market and can thereby be used to assess antitrust regulation in certain business areas, and to focus the resources of competition authorities on markets where conditions are conducive to collusion. ER -