Exogenous Shocks and Pricing Patterns in Oligopoly
Xavier Wauthy
No 1992011, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)
Abstract:
Classical models of Industrial organization are examined, placing emphasis on pricing patterns in response to exogenous shocks. Different reasons for prices to be rigid are presented and explanations for apparently erratic behaviour of prices are provided.
Keywords: economic models; industrial structure (search for similar items in EconPapers)
Pages: 16
Date: 1992-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:1992011
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