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Peer reviewed Peer reviewed
Fulton, Murray – Journal of Economic Education, 1997
Shows how the Cournot-Nash and Stackelberg equilibria can be represented in the familiar supply-demand graphical framework, allowing a direct comparison with the monopoly, competitive, and industrial organization models. This graphical analysis is represented throughout the article. (MJP)
Descriptors: Business Cycles, Competition, Costs, Economic Climate
Peer reviewed Peer reviewed
Tomaskovic-Devey, Donald – Rural Sociology, 1987
Proposes social structural view of poverty rates as a function of local opportunity instead of individual-level focus on who is poor. Defines poverty rates as a function of industrial structure and relative power of labor in a locality. Confirms theoretical model with data from 46 South Carolina counties. (LFL)
Descriptors: Community Characteristics, Definitions, Economic Opportunities, Employment Patterns