Definition of Oligopoly. Meaning of Oligopoly. Synonyms of Oligopoly

- as a tight oligopoly. A loose oligopoly occurs when the four-firm concentration is in the range of 40-60. Some characteristics of oligopolies include: Profit...
- the paradox of excess capacity and price exceeding marginal cost. In an oligopoly market structure, the market is supplied by a small number of firms (more...
- 32(2):221–226. "Oligopoly – characteristics | Economics Online". 2020-01-20. Retrieved 2021-04-18. Carr, Christopher (2020). Global Oligopoly : a Key Idea...
- producers. An oligopoly is a market structure in which a market or industry is dominated by a small number of firms (oligopolists). Oligopolies can create...
- published "Demand Under Conditions of Oligopoly." Sweezy argued that an ordinary demand curve does not apply to oligopoly markets and promotes a kinked demand...
- from raising prices unilaterally); on the other hand, any firm in an oligopoly which lowers its prices will most likely be matched by competitors, resulting...
- concentration 40% – 70% An industry in this range is likely an oligopoly. An oligopoly describes a market structure which is dominated by a small number...
- can be homogeneous or differentiated). Three types of oligopoly. Due to the hallmark of oligopoly being the presence of strategic interactions among rival...
- (i.e. explicit collusion) is absent. Examples are Cournot oligopoly, and Bertrand oligopoly for differentiated products. Bain's (1956) original concern...
- form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies, monopsonies and oligopolies are all...