Industrial Organization - Market Structures

Market Structures

The common market structures studied in this field are the following:

  • Perfect competition
  • Monopolistic competition
  • Oligopoly
  • Oligopsony
  • Monopoly
  • Monopsony

Read more about this topic:  Industrial Organization

Famous quotes containing the words market and/or structures:

    “Have you not heard of that madman who lit a lantern in the bright morning hours, ran to the market place, and cried incessantly: “I seek God! I seek God!””
    —Friedrich Nietzsche (1844–1900)

    “The philosopher believes that the value of his philosophy lies in its totality, in its structure: posterity discovers it in the stones with which he built and with which other structures are subsequently built that are frequently better—and so, in the fact that that structure can be demolished and yet still possess value as material.”
    —Friedrich Nietzsche (1844–1900)