haku: @indexterm DYNAMIC MODELS / yhteensä: 269
viite: 52 / 269
| Tekijä: | Slade, M. |
| Otsikko: | Sticky prices in a dynamic oligopoly: an investigation of (s,S) thresholds |
| Lehti: | International Journal of Industrial Organization
1999 : MAY, VOL. 17:4, p. 477-512 |
| Asiasana: | PRICES DYNAMIC MODELS OLIGOPOLY |
| Kieli: | eng |
| Tiivistelmä: | The strategic implications of costly price adjustment are investigated empirically. The authors assumes that managers are engaged in a state-space game and ask if the dynamic considerations that arise when they condition their choices on the state cause prices to be more or less rigid than when players use more myopic pricing rules. The answer to this question depends on a parametric specification of the problem that lends itself to empirical assessment. |
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