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:

    “Today the tyrant rules not by club or fist, but, disguised as a market researcher, he shepherds his flocks in the ways of utility and comfort.”
    —Marshall McLuhan (1911–1980)

    “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)