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Dominick Salvatore Schaums Outline of Microeconomics, 4th edition Schaums Outline Series 2006

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CONTENTS

10.8 The Kinked Demand Curve Model 241

10.9 The Centralized Cartel Model 242

10.10 The Market-Sharing Cartel Model 243

10.11 Price Leadership Model 243

10.12 Long-Run Equilibrium Under Oligopoly 244

CHAPTER 11

Recent and Advanced Topics in

Market Structure 262

11.1 The Lerner Index as a Measure of a Firm’s Monopoly

Power 262

11.2 The Herfindahl Index as Measure of Monopoly Power

in an Industry 262

11.3 Contestable-Market Theory 262

11.4 Peak-Load Pricing 263

11.5 Cost-Plus Pricing 264

11.6 Transfer Pricing 264

CHAPTER 12 Game Theory and Oligopolistic Behavior 272

12.1 Game Theory: Definitions and Objectives 272

12.2 Dominant Strategy 272

12.3 Nash Equilibrium 273

12.4 The Prisoners’ Dilemma 273

12.5 Price and Nonprice Competition and Cartel Cheating 274

12.6 Repeated Games and Tit-For-Tat Strategy 274

12.7 Strategic Behavior 274

CHAPTER 13 Input Pricing and Employment 283

Perfect Competition in the Product and Input Markets

13.1 Profit Maximization and Least-Cost Input Combinations 283

13.2 The Demand Curve of the Firm for One Variable Input 283

13.3 The Demand Curve of the Firm for One of Several

Variable Inputs 284

13.4 The Market Demand Curve for an Input 285

13.5 The Market Supply Curve for an Input 285

13.6 Pricing and Level of Employment of an Input 285

13.7 Rent and Quasi-Rent 286

Perfect Competition in the Market and Monopoly in the

Product Market

13.8 Profit Maximization and Least-Cost Input Combinations 286

13.9 The Demand Curve of the Firm for One Variable Input 286

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