Essays Tagged: "Stigler"
In what ways is game theory of use in analyzing the behaviour of firms in an oligopolistic market?
interaction. *A number of interesting new developments on the oligopoly front can be traced back to Stigler (1964) who examined the relationship between collusion and the information structure of an o ...
Subjects: Social Science Essays > Economics
Different schooling between Korea and Japan
"It might at first look on the study cultural differences in learning by focusing on schools." (Stigler & Perry: 329) According to cross cultural study done by Stigler &Perry showing that ...
Subjects: Social Science Essays > Society and community
Why Poorer People Can Afford to Get High
illegal drug usage means there is both a supply and a demand for the good. Focusing on the latter, Stigler and Becker attempt to define the demand for illegal drugs through their “Relative Theor ... f euphoria also depends on the individual’s ability to experience the sensation referred to by Stigler and Becker as “euphoric capital.” The model also illustrates the feedback connecti ...
Subjects: Social Science Essays > Controversial Issues > Drugs & Alchohol