Skip to main content

Game Theory and the Market

  • Chapter
Chapters in Game Theory

Part of the book series: Theory and Decision Library C: ((TDLC,volume 31))

  • 309 Accesses

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Bagwell, K. (1995): “Commitment and observability in games,” Games and Economic Behavior, 8, 271–280.

    Article  MathSciNet  MATH  Google Scholar 

  • Bertrand, J. (1883): “Theorie mathématiques de la richesse sociale,” Journal des Savants, 48, 499–508.

    Google Scholar 

  • Brandenburger, A., and B. Nalebuff (1996): Coopetion. Currency/Doubleday.

    Google Scholar 

  • Cayseele, P. van, and D. Furth (1996a): “Bertrand-Edgeworth duopoly with buyouts or first refusal contracts,” Games and Economic Behavior, 16, 153–180.

    Article  MathSciNet  Google Scholar 

  • Cayseele, P. van, and D. Furth (1996b): “Von Stackelberg equilibria for Bertrad-Edgeworth duopoly with buyouts,” Journal of Economic Studies, 23, 96–109.

    Article  Google Scholar 

  • Cayseele, P. van, and D. Furth(2001): “Two is not too many for monopoly,” Journal of Economics, 74, 231–258.

    Google Scholar 

  • Cournot, A. (1838): Recherches sur les Principes Mathématiques de la Théorie des Richesses. Paris: L. Hachette.

    Google Scholar 

  • Damme, E. van (1995): “On the contributions of John C. Harsanyi, John F. Nash and Reinhard Selten,” International Journal of Game Theory, 24, 3–12.

    Article  MathSciNet  MATH  Google Scholar 

  • Damme, E. van (1999): “The Dutch DCS-1800 auction,” in: Patrone, Fioravante, I. García-Jurado & S. Tijs (eds.), Game Practise: Contributions from Applied Game Theory. Boston: Kluwer Academic Publishers, 53–73.

    Google Scholar 

  • Damme, E. van (2001): “The Dutch UMTS-auction in retrospect,” CPB Report 2001/2, 25–30.

    Google Scholar 

  • Damme, E. van (2002a): “The European UMTS-auctions,” European Economic Review, forthcoming.

    Google Scholar 

  • Damme, E. van (2002b): “Strategic equilibrium,” forthcoming in R.J. Aumann and S. Hart (eds.), Handbook in Game Theory, Vol. III., North Holland Publ. Company.

    Google Scholar 

  • Damme, E. van, and S. Hurkens (1996): “Endogenous price leadership,” Discussion Paper nr. 96115, CentER, Tilburg University.

    Google Scholar 

  • Damme, E. van, and S. Hurkens (1997): “Games with imperfectly observable commitment,” Games and Economic Behavior, 21, 282–308.

    Article  MathSciNet  Google Scholar 

  • Damme, E. van, and S. Hurkens (1999): “Endogenous Stackelberg leadership,” Games and Economic Behavior, 28, 105–129.

    Article  MathSciNet  Google Scholar 

  • Dasgupta, P., and E. Maskin (1986): “The existence of equilibria in discontinuous games. I: Theory and II: Applications, Review of Economic Studies, 53, 1–26, and 27–41.

    Article  MathSciNet  Google Scholar 

  • Daughety, A. (ed.) (1988): Cournot Oligopoly. Cambridge: Cambridge University Press.

    Google Scholar 

  • Davidson, C., and R. Deneckere (1986): “Long-run competition in capacity, short-run competition in price, and the Cournot model,” Rand Journal of Economics, 17, 404–415.

    Article  Google Scholar 

  • Deneckere, R., and D. Kovenock (1992): “Price leadership,” Review of Economic Studies, 59, 143–162.

    Article  Google Scholar 

  • Edgeworth, F.Y. (1897): “The pure theory of monopoly,” reprinted in William Baumol and Stephan Goldfeld Precusors in Mathematical Economics: An Anthology, London School of Economics, 1968.

    Google Scholar 

  • Furth, D. (1986): “Stability and instability in oligopoly,” Journal of Economic Theory, 40, 197–228.

    Article  MathSciNet  MATH  Google Scholar 

  • Furth, D., and D. Kovenock(1993): “Price leadership in a duopoly with capacity constraints and product differentiation,” Journal of Economics, 57, 1–35.

    Google Scholar 

  • Gilbert, R., and D. Newbery (1982): “Preemptive patenting and the persistence of monopoly,” American Economic Review, 72, 514–526.

    ADS  Google Scholar 

  • Klemperer, P. (1999): “Auction theory: a guide to the literature,” Journal of Economic Surveys, 13, 227–286.

    Article  Google Scholar 

  • Kreps, D., and J. Scheinkman (1983): “Quantity pre-commitment and Bertrand competition yields Cournot outcomes,” Bell Journal of Economics, 14, 326–337.

    Article  MathSciNet  Google Scholar 

  • Leonard, R. (1994): “Reading Cournot, reading Nash,” The Economic Journal, 104, 492–511.

    Article  Google Scholar 

  • Levitan, R., and M. Shubik (1972): “Price duopoly and capacity constraints,” International Economic Review, 13, 111–122.

    Article  Google Scholar 

  • Maasland, E. (2000): “Veilingmiljarden zijn een fictie,” Economisch Statistische Berichten, 9 juni 2000, 479.

    Google Scholar 

  • Milgrom, P. (2000): “Putting auction theory to work: the simultaneous ascending auction,” Journal of Political Economy, 108, 245–272.

    Article  Google Scholar 

  • Milgrom, P., and R. Weber (1982): “A theory of auctions and competitive bidding,” Econometrica, 50, 1089–1122.

    Article  Google Scholar 

  • Montero, M. (2000): Endogeneous Coalition Formation and Bargaining. PhD thesis, CentER, Tilburg University.

    Google Scholar 

  • Myerson, R. (1981): “Optimal auction design,” Mathematics of Operations Research, 6, 58–73.

    Article  MathSciNet  MATH  Google Scholar 

  • Nash, J.F. (1950a): Non-Cooperative Games. Ph.D. Dissertation, Princeton University.

    Google Scholar 

  • Nash, J.F. (1950b): “The bargaining problem,” Econometrica, 18, 155–162.

    Article  MathSciNet  Google Scholar 

  • Nash, J.F. (1951): “Non-cooperative games,” Annals of Mathematics, 54, 286–295.

    Article  MathSciNet  MATH  Google Scholar 

  • Nash, J.F. (1953): “Two-person cooperative games,” Econometrica, 21, 128–140.

    Article  MathSciNet  MATH  Google Scholar 

  • von Neumann, J., and O. Morgenstern (1953): Theory of Games and Economic Behavior. Princeton, NJ: Princeton University Press (First edition, 1944).

    Google Scholar 

  • Ono, Y. (1982): “Price leadership: a theoretical analysis,” Economica, 49, 11–20.

    Article  Google Scholar 

  • Osborne, M., and C. Pitchick (1986): “Price competition in a capacity-constrained duopoly,” Journal of Economic Theory, 38, 238–260.

    Article  MathSciNet  Google Scholar 

  • Roth, A., and M. Sotomayor (1990): Two-sided Matching: A study in Game Theoretic Modelling and Analysis. Cambridge, Mass.: Cambridge University Press.

    Google Scholar 

  • Rubinstein, A. (1982): “Perfect equilibrium in a bargaining model,” Econometrica, 50, 97–109.

    Article  MathSciNet  MATH  Google Scholar 

  • Shapley, L. (1958): “The solution of a symmetric market game,” in: A.W, Tucker and R.D. Luce (eds.): Contributions to the Theory of Games IV, Annals of Mathematics Studies 40, Princeton, Princeton University Press, 145–162.

    Google Scholar 

  • Shapley, L., and M. Shubik (1969): “On market games,” Journal of Economic Theory, 1, 9–25.

    Article  MathSciNet  Google Scholar 

  • Shubik, M. (1959): “Edgeworth market games,” in A.W. Tucker and R.D. Luce (eds.) Contributions to the Theory of Games IV, Annals of Mathematics Studies 40, Princeton, NJ: Princeton University Press.

    Google Scholar 

  • von Stackelberg, H. (1934): Marktform und Gleichgewicht. Berlin: Julius Springer.

    Google Scholar 

  • Vickrey, W. (1961): “Counterspeculation, auctions and competitive sealed tenders,” Journal of Finance, 16, 8–37.

    Article  Google Scholar 

  • Vives, X. (1989): “Cournot and the oligopoly problem,” European Economic Review, 33, 503–514.

    Article  Google Scholar 

  • Wilson, R. (1992): “Strategic analysis of auctions,” in R.J. Aumann and S. Hart (eds.), Handbook in Game Theory, Vol. I., North Holland Publ. Company, 227–279.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2002 Kluwer Academic Publishers

About this chapter

Cite this chapter

Van Damme, E., Furth, D. (2002). Game Theory and the Market. In: Borm, P., Peters, H. (eds) Chapters in Game Theory. Theory and Decision Library C:, vol 31. Springer, Boston, MA. https://doi.org/10.1007/0-306-47526-X_3

Download citation

  • DOI: https://doi.org/10.1007/0-306-47526-X_3

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4020-7063-1

  • Online ISBN: 978-0-306-47526-9

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics