Imperfect competition is an economic system that allows competing companies to sell differentiated products, set their own prices, and fight for market share. Imperfect competition exists whenever ...

Here's how they compare: Imperfect competition can often lead to higher prices and less choices. But, it can also drive ...

There may be little to differentiate between the products each crafter or farmer sells, as well as their prices, which are typically set evenly among them. Imperfect competition occurs in a market ...

Inter-brand competition among drugs can sometimes lead to lower prices. 17,18,19,20,21,22,23,24 The 2013 launch price of sofosbuvir (Sovaldi), a direct-acting antiviral for hepatitis C, was ...

Despite this, the fact remains that under an environment of imperfect competition, producers can manipulate the market and sell their products and services at a higher price, create artificial ...

This paper develops a Cournot-Nash model of imperfect competition to illustrate the effect of barriers on prices. A unique data set-derived from an extensive analysis of competition policies in Spain- ...

Vertical organization, price discrimination under imperfect competition, product differentiation, markets with search/switching costs, economics of innovation, international trade and organization.

This paper corrects a shortcoming in the literature on computable general equilibrium models and imperfect competition with free entry and increasing returns to scale. The trade integration ...

But buyers, Robinson observed, could enjoy the forbidden fruits of imperfect competition as well: If only one buyer for a good existed, then that buyer could dictate its price, no matter how many ...