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Oligopoly Theory -- History

The following sources are recommended by a professor whose research specialty is oligopoly theory.


Six Superlative Sources

· A. Cournot, Recherches sur les Principes Mathematiques de la Theorie des Richesses, Hachette, 1838. English translation by N. Bacon, Researches into the Mathematical Principles of the Theory of Wealth, Macmillan, 1897.

· J. Bertrand, "Theorie Mathematique de la Richesse Sociale," Journal des Savants, September 1883, 499-508. English translation by M. Chevallier, in J. Magnan de Bournier, "The 'Cournot-Bertrand' Debate: A Historical Perspective," History of Political Economy, 24, 1992, 623-656.

· F. Edgeworth, "La Teoria Pura del Monopolio," Giornale degli Economisti, 15, 1897, 13-31. Translated as "The Pure Theory of Monopoly," in F. Edgeworth, ed., Papers Relating to Monopoly, Vol. 1, Macmillan, 1925.

· H. Hotelling, "Stability in Competition," Economic Journal, 39, 1929, 41-57.

· A. Daughety, ed., Cournot Oligopoly, Cambridge University Press, 1988.

· X. Vives, Oligopoly Pricing: Old Ideas and New Tools, MIT Press, 1999.

Other Excellent Sources

· H. von Stackelberg, Marktform und Gleichgewicht, Julius Springer, 1934.

· R. Coase, "Durability and Monopoly," Journal of Law and Economics, 15, 1972, 143-149.

· F. Scherer and D. Ross, Industrial Market Structure and Economic Performance, Houghton Mifflin, 1990.

· R. Schmalensee and R. Willig, eds., Handbook of Industrial Organization, 2 vols., North-Holland, 1989.

· J. Tirole, The Theory of Industrial Organization, MIT Press, 1988.

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