Price and Inventory Dynamics in an Oligopoly Industry: A Framework for Commodity Markets

DOI10.1515/bejte-2014-0064zbMath1375.91165OpenAlexW2065487089MaRDI QIDQ4588483

Alexander Steinmetz

Publication date: 26 October 2017

Published in: The B.E. Journal of Theoretical Economics (Search for Journal in Brave)

Full work available at URL: http://www.bgpe.de/texte/DP/092_steinmetz.pdf

zbMATH Keywords

oligopolyprice competitioncommodity marketsinventory dynamics(\(S\), \(s\)) policy

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05) Special types of economic markets (including Cournot, Bertrand) (91B54)

Cites Work

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• Optimality of (s, S) Policies in Inventory Models with Markovian Demand
• Dynamic inventory and pricing models for competing retailers