“There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a literature generated by institutional economists, lawyers, and administrators interested in formulating and implementing public policy. It has been the tendency of these groups to work almost as though the other did not exist.”
Quote by Martin Shubik
Work
Market structure and behavior
This book delves into the principles and dynamics of market structures, exploring how different market types influence the behavior of buyers and sellers. more
Author
Martin Shubik
Martin Shubik, born on March 24, 1926, is an esteemed economist from the United States. His research in economics encompasses various fields, including game theory, market structure, and industrial organization. Professor Shubik's contributions to academia have been widely recognized, and his research has had a profound impact on both economic theory and practice. more
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