Fixed Price Dynamics versus Flexible Price Dynamics

This paper contrasts the dynamical behaviors of fixed and flexible price regimes for a monopolistically competitive manufacturing sector in which firms base decisions on expectations about product demands.

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Year of publication:	2005-01
Authors:	Currie, Martin ; Kubin, Ingrid
Institutions:	Vienna University of Economics and Business, Department of Economics

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Extent:	application/pdf
Series:	Department of Economics Working Papers.
Type of publication:	Book / Working Paper
Notes:	PDF Document
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; D43 - Oligopoly and Other Forms of Market Imperfection ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005222867