Can prices be insensitive to unit cost variations? A game-theoretic alternative to the kinked demand curve explanation

DOI10.1016/J.ECONLET.2011.12.117zbMATH Open1253.91031OpenAlexW1994032573MaRDI QIDQ1925682FDOQ1925682

Giorgos Stamatopoulos, Minas Vlassis

Publication date: 18 December 2012

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.12.117

zbMATH Keywords

revenue maximizationprofit maximizationkinked demand curve

Mathematics Subject Classification ID

Other game-theoretic models (91A40) Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles
• The kinked demand curve revisited

Cited In (1)

• The kinked demand curve revisited

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