Oligopoly An oligopoly (ολιγοπώλιο) (Greek : ὀλίγοι πωλητές " few sellers ") is a market form wherein a market or industry is dominated by a small group of large sellers (oligopolists). Oligopolies can result from various forms of collusion which reduce competition and lead to higher prices for consumers.
In economics, an oligopoly is a market form in which the market or industry is controlled by a small number of sellers. Usually, the market has high barriers to entry, which prevents new firms from entering the market or even be able to have a significant market share.
Sep 28, 2019 · oligopoly (plural oligopolies) An economic condition in which a small number of sellers exert control over the market of a commodity . 1866 , Frederic Seebohm, “More drawn into Court.
An oligopsony (from Ancient Greek ὀλίγοι (oligoi) "few" + ὀψωνία (opsōnia) "purchase") is a market form in which the number of buyers is small while the number of sellers in theory could be large. This typically happens in a market for inputs where numerous suppliers are competing to sell their product to a small number of (often large and powerful) buyers.
An oligopoly is a mercat form in which a mercat or industry is dominatit bi a smaa nummer o sellers (oligopolists). Oligopolies can result frae various forms o collusion which reduce competeetion an lead tae heicher costs for consumers.
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"The Kinky Oligopoly Demand and Rigid Prices" The Journal of Political Economy Vol. 55, pp. 432-449. Stigler, G. 1978. "The literature of economics: the case of the kinked oligopoly demand curve" Economic Inquiry Vol. 16, pp. 185–204. Sweezy, P. 1939. "Demand Under Conditions of Oligopoly" The Journal of Political Economy Vol. 47, pp. 568-573.
A duopoly (from Greek δύο, duo (two) + πωλεῖν, polein (to sell)) is a type of oligopoly where two firms have dominant or exclusive control over a market. It is the most commonly studied form of oligopoly due to its simplicity. Duopolies sell to consumers in a competitive market where the choice of an individual consumer can not affect the firm.
Cournot competition is an economic model used to describe an industry structure in which companies compete on the amount of output they will produce, which they decide on independently of each other and at the same time. It is named after Antoine Augustin Cournot (1801–1877) who was inspired by observing competition in a spring water duopoly ...
Monopolies, monopsonies and oligopolies are all situations in which one or a few entities have market power and therefore interact with their customers (monopoly or oligopoly), or suppliers (monopsony) in ways that distort the market. [ citation needed ] Monopolies can be established by a government, form naturally, or form by integration.
Oligopoli (dari ὀλίγος (olígos), berarti "banyak", dan πωλεῖν (polein), berarti "menjual") adalah pasar di mana penawaran satu jenis barang dikuasai oleh beberapa perusahaan.