Showing 1 - 2 of 2
In this paper, we develop a human migration model with a conjectural variations equilibrium (CVE). In contrast to previous works we extend the model to the case where the conjectural variations coefficients may be not only constants, but also (continuously differentiable) functions of the total...
Persistent link: https://www.econbiz.de/10005347504
We study a mixed duopoly model, in which a state-owned (public) firm maximizing domestic social surplus and a private (foreign) firm compete. Under general enough assumptions, we first justify the concept of conjectural variations equilibrium (CVE) applied to the model by demonstrating concavity...
Persistent link: https://www.econbiz.de/10005240021