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10 Market structure and imperfect competition |
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For more on game theory and ologopoly, see J.Vickers .’’Strategic Competition among the Few’ Oxford Review of Economic Policy, 1986. (Vickers is now chief economist at the Bank of England and a key member of its Monetary Policy Committee.). Our suggestions for further readings draw several times on articles from the journal the Oxford Review of Economic Policy, some of those best articles have been republished in two books Readings in Microeconomics and Readings in Macroeconomics, both edited by Tim Jenkinson, and published by Oxford University Press in 1996. For example, you might like to read the article by Ray Rees on ‘Tacit Collusion’ in oligopoly, which appears both in the 1993 Oxford Review of Economic Policy and in Readings in Microeconomics as cited above. The report of the Competition Commission into ice cream freezers referred to in Box 10-3 of Economics is now available at the Commission’s website www.mmc.gov.uk/cream.htm. Peter Smith discusses ‘Barriers to entry’ in Economic Review, November 1999.
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