How Long to Read Strategic Interaction and Markets

How Long Does it Take to Read Strategic Interaction and Markets?

It takes the average reader 1 hour and 48 minutes to read Strategic Interaction and Markets by Jean Jaskold Gabszewicz

Assuming a reading speed of 250 words per minute. Learn more

Description

Perfect competition provides the model of a frictionless economy, in which price-setting economic agents behave independently of each other, abandoning to the market the coordination of their individual decisions. The implications of this model are extensively presented in the traditional price theory textbooks. Imperfect competition is the paradigm that develops as soon as economic agents interact in a conscious manner, which is the rule when competition takes place amongst a restricted number of agents. In this system, agents act strategically, taking into account the impact of their decisions on competitors' behaviour and on the price mechanism. Such situations commonly arise when firms differentiate their products, erect strategic entry barriers, or exploit the imperfect information of their customers about the price or characteristics of their product. This book explores the theoretical richness of these economic contexts, using some basic tools of game theory. Designed as an ancillary text for graduate students, it not only summarizes the historic contributions made by economic theorists such as Cournot and Edgeworth, but also makes accessible many of the most recent developments in the same field.

How long is Strategic Interaction and Markets?

Strategic Interaction and Markets by Jean Jaskold Gabszewicz is 106 pages long, and a total of 27,136 words.

This makes it 36% the length of the average book. It also has 33% more words than the average book.

How Long Does it Take to Read Strategic Interaction and Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 28 minutes to read Strategic Interaction and Markets aloud.

What Reading Level is Strategic Interaction and Markets?

Strategic Interaction and Markets is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Strategic Interaction and Markets?

Strategic Interaction and Markets by Jean Jaskold Gabszewicz is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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