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Dynamic Oligopoly with Inventories

โœ Scribed by Alan P. Kirman and Matthew J. Sobel

Book ID
121736043
Publisher
John Wiley and Sons
Year
1974
Tongue
English
Weight
249 KB
Volume
42
Category
Article
ISSN
0012-9682

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Single-product oligopolies without product differentiation are examined under the additional assumption that there is inter temporal demand interaction over time in the market.Therefore the market price depends on the current total production of the industry and also on a cumulated effect of earlier