Title of article
The kinked demand curve revisited
Author/Authors
Debapriya Sen، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
7
From page
99
To page
105
Abstract
In a Stackelberg oligopoly with cost asymmetry and possibility of entry, the Stackelberg leader faces a kinked demand curve. For a robust interval of cost of the leader, the equilibrium price is rigid with respect to small changes in demand and costs of active firms.
Keywords
Kinked demand curve , Price rigidity , Stackelberg oligopoly
Journal title
Economics Letters
Serial Year
2004
Journal title
Economics Letters
Record number
435456
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