The purpose of this paper is to generalize the results obtained by Sklivas (1987) and Fershtman and Judd (1987) allowing for non-linear demand functions, many players and general attitudes to the risk by the players. We also generalize their set-up by introducing a more general measure of th...

In this paper I analyze the kind of behavior which can be considered evolutively stable in an oligopolistic market

In this paper we study the conjecture that oligopoly or imperfect competition causes more inflation than perfect competiton. We find necessary and sufficient conditions for this to occur.

This paper attempts to provide an explanation for the productivity paradox. We show how this paradox may emerge in oligopolistic markets.

In this paper we study the allocations yielded by kinked demand curves. We will see that there are several difficulties with this concept. Some of them can be eliminated by the consideration of reasonable conjectures