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  2. Oligopoly - Wikipedia

    en.wikipedia.org/wiki/Oligopoly

    A full oligopoly is one in which a price leader is not present in the market, and where firms enjoy relatively similar market control. A partial oligopoly is one where a single firm dominates an industry through saturation of the market, producing a high percentage of total output and having large influence over market conditions.

  3. Market structure - Wikipedia

    en.wikipedia.org/wiki/Market_structure

    They closely monitor the prices of their competitors and change prices accordingly. Oligopoly firms focus on quality and efficiency of their products to compete with other firms. Example: Network providers [6] ( Entry barriers, Small number of sellers, many buyers, products can be homogeneous or differentiated). Three types of oligopoly.

  4. Duopoly - Wikipedia

    en.wikipedia.org/wiki/Duopoly

    A duopoly (from Greek δύο, duo ' two '; and πωλεῖν, polein ' to sell ') is a type of oligopoly where two firms have dominant or exclusive control over a market, and most (if not all) of the competition within that market occurs directly between them. Duopoly is the most commonly studied form of oligopoly due to its simplicity.

  5. Conjectural variation - Wikipedia

    en.wikipedia.org/wiki/Conjectural_variation

    In oligopoly theory, conjectural variation is the belief that one firm has an idea about the way its competitors may react if it varies its output or price. The firm forms a conjecture about the variation in the other firm's output that will accompany any change in its own output.

  6. Oligopsony - Wikipedia

    en.wikipedia.org/wiki/Oligopsony

    This typically happens in a market for inputs where numerous suppliers are competing to sell their product to a small number of (often large and powerful) buyers. It contrasts with an oligopoly, where there are many buyers but few sellers. An oligopsony is a form of imperfect competition.

  7. Market concentration - Wikipedia

    en.wikipedia.org/wiki/Market_concentration

    Examples are Cournot oligopoly, and Bertrand oligopoly for differentiated products. Bain's (1956) original concern with market concentration was based on an intuitive relationship between high concentration and collusion which led to Bain's finding that firms in concentrated markets should be earning supra-competitive profits.

  8. Stock market today: Indexes fall from records as chip rout ...

    www.aol.com/stock-market-today-indexes-fall...

    A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...

  9. Bertrand–Edgeworth model - Wikipedia

    en.wikipedia.org/wiki/Bertrand–Edgeworth_model

    In microeconomics, the Bertrand–Edgeworth model of price-setting oligopoly looks at what happens when there is a homogeneous product (i.e. consumers want to buy from the cheapest seller) where there is a limit to the output of firms which are willing and able to sell at a particular price. This differs from the Bertrand competition model ...