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Strategic Interaction and Markets - Oxford Scholarship Online
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Strategic Interaction and Markets

Jean J. Gabszewicz


Perfect competition provides a model of a frictionless economy in which economic agents behave independently of each other, abandoning to the market the task of coordinating their individual decisions. This model is extensively studied in traditional price theory textbooks.

Keywords: barriers to entry, collusion, economic agents, game theory, general equilibrium, imperfect competition, imperfect information, oligopoly, product differentiation

Bibliographic Information

Print publication date: 2000 Print ISBN-13: 9780198233411
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0198233418.001.0001


Affiliations are at time of print publication.

Jean J. Gabszewicz, author
Catholic University of Louvain