Loading...
Please wait, while we are loading the content...
Similar Documents
On Prices' Cyclical Behaviour in Oligopolistic Markets
| Content Provider | Scilit |
|---|---|
| Author | Lambertini, Luca Marattin, Luigi |
| Copyright Year | 2016 |
| Description | Journal: SSRN Electronic Journal We revisit the discussion about the relationship between price’s cyclical features, implicit collusion and the demand level in an oligopoly supergame where a positive shock may hit demand and disrupt collusion. The novel feature of our model consists in characterising the post-shock noncooperative price and comparing it against the cartel price played in the last period of the collusive path, to single out the conditions for procyclicality to arise both in the short and in the long-run. |
| Related Links | http://amsacta.unibo.it/5089/1/WP1064.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2770333 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.2770333 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2016-04-22 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal Demand Shocks Cyclical Pricing Implicit Collusion |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |