Dynamic Models of Oligopoly

In October 2014, Jean Tirole capped a long career by scooping the Nobel Prize for Economic Science. Tirole’s long career saw him make major contributions to industrial organization, game theory and financial theory and co-authored with this long term collaborator Drew Fudenberg, was where it all began back in 1986. Originally published by Harwood Academic Publishers, the book paints a picture of an economy as an ever evolving and far from static system and stands as a document to the more nuanced and realistic approach to economic modelling which Tirole did so much to foster.