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Competition ahead |
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Competition aheadOften used in risk arbitrage. Situation whereby another OTC market maker has transacted with investment bank at the stated market level before the bid/offer has been made.Competition ahead Similar MatchesCournot competitionCournot competitionThe assumption, assumed to be made by firms in an oligopoly, that other firms hold their outputs constant as they themselves change behavior. Contrasts with Bertrand competition. Both are used in models of international oligopoly, but Cournot competition is used more often. Imperfect competitionImperfect competitionAny departure from perfect competition. However, imperfect competition usually refers to one of the market structures other than perfect competition. Bertrand competitionBertrand competitionThe assumption, assumed to be made by firms in an oligopoly, that other firms hold their prices constant as they themselves change behavior. Contrasts with Cournot competition. Both are used in models of international oligopoly, but Cournot competition is used more often. CompetitionCompetitionThe interactions between two or more sellers or buyers in a single market, each attempting to get or pay the most favorable price. Economists usually interpret and model these interactions as among individual economic agents -- firms or consumers. Popular terminology extends also to competition among nations, especially competing exporters. Perfect competitionPerfect competitionAn idealized market environment in which every market participant is too small to affect the market price by acting on its own. Further SuggestionsMonopolistic competitionCompetition policy In competition Perfect competition Competition |
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