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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. Perfect competitionPerfect competitionAn idealized market environment in which every market participant is too small to affect the market price by acting on its own. CompetitionCompetitionIntra- or intermarket rivalry between or among businesses trying to obtain a larger piece of the same market share. Monopolistic competitionMonopolistic competitionA market structure in which there are many sellers each producing a differentiated product. Each can set its own price and quantity, but is too small for that to matter for prices and quantities of other producers in the industry. Imperfect competitionImperfect competitionAny departure from perfect competition. However, imperfect competition usually refers to one of the market structures other than perfect competition. Further SuggestionsCompetitionIn competition Competition policy Perfect competition Bertrand competition |
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