When cobweb meets oligopoly
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DOI: 10.1108/caer-01-2024-0005
Abstract: PurposeThe purpose of this paper is to present an oligopolistic version of the cobweb model that departs from the strict assumptions of perfect competition in the traditional cobweb model.Design/methodology/approachIntroducing a model where n identical producers… read more here.
Keywords: perfect competition; model; market; cobweb model ... See more keywords