Theories of oligopoly and auctions have a direct link with the theory of market quality. Surprisingly, however, this link has not been adequately analysed in the literature. This book fills that gap and focusses on the interconnections between theories of oligopoly, auctions, and market quality. It brings together the relevant theoretical results in the literature on these topics under a unified framework and argues that insights from the theories of oligopoly and auctions can help us understand and analyse problems related to market quality. While the book is mainly theoretical in nature,...
Theories of oligopoly and auctions have a direct link with the theory of market quality. Surprisingly, however, this link has not been adequately a...