This is a survey paper on recent empirical studies, based on explicit theoretical modelling, of product markets. — The topics covered are: 1. The relevant market 2. The demand for products 3. Conjectural variations and market power 4. Price discrimination 5. Tacit collusion and the “Folk Theorem” 6. The lemons principle and efficiency 7. Auction markets.
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Università degli studi [Padova] : Polo di Scienze sociali : Biblioteca di Scienze Statistiche "Bernardo Colombo" Via Cesare Battisti, 241/243 35121 - Padova