By Krishnendu Ghosh Dastidar
This publication offers an financial research of varied elements of ‘market quality’, a brand new thought which emerged within the twenty first century, utilizing the instruments of ‘oligopoly thought’ and ‘auction concept’ that developed over the nineteenth and twentieth centuries. within the economics literature the hyperlink among the theories of oligopoly and auctions with industry caliber is still mostly unexplored. This ebook makes an attempt to forge this type of hyperlink because it brings jointly correct theoretical leads to the literature on those subject matters lower than a unified framework. whereas the publication is principally theoretical in nature, it additionally discusses a few particular matters with regards to the issues of industry caliber in rising economies like India. Illustrated through conscientiously selected examples, this e-book is very advised to readers who search an in-depth and up to date built-in assessment of the hot box of industry caliber economics and have an interest in a few open study difficulties during this area.
How should still auctions and different allocation mechanisms be designed for oligopolistic industries to accomplish such targets as potency, top quality output and quickly construction? Krishnendu Ghosh Dastidar’s ebook bargains novel research of this query and likewise a few fascinating solutions. hugely recommended.
Eric S. Maskin, Nobel laureate in Economics
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