The Numerical Analysis of Monopolistically Competitive Markets: The Case of a New York Fresh Apple Packer

Sterling A. Starbird and Robert A. Milligan

No 186642, Staff Papers from Cornell University, Department of Applied Economics and Management

Abstract: The hypothesis is adduced that in some monopolistically competitive markets a firm's demand schedule evolves faster than the firm's marketing policies can adjust. A probabilistic model of this phenomenon is introduced. The numerical analysis of a New York fresh apple packer's inventory control policies illustrates the model's usefulness.

Keywords: Food Consumption/Nutrition/Food Safety; Marketing (search for similar items in EconPapers)
Pages: 17
Date: 1987-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:cudasp:186642

DOI: 10.22004/ag.econ.186642

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