Introduction d'un processus d'apprentissage dans un modele avec concurrence cournotienne

Laurence Lasselle

G.R.E.Q.A.M. from Universite Aix-Marseille III

Abstract: This paper examines underemployment fluctuations in an OG model with cournotian competition on the market for a good. In the case of constant returns, it demonstrates the existence conditions of a stable two-period cycle (in prices and employment amounts) in the backward perfect foresight dynamics. It studies its becoming in the forward dynamics thanks to a learning process. These results are essentially based on the variablity of firm's market power as a consequence of the variability of demand elasticity.

Keywords: UNDEREMPLOYMENT; BUSINESS CYCLES; OLIGOPOLIES (search for similar items in EconPapers)
JEL-codes: D43 E24 E32 (search for similar items in EconPapers)
Pages: 24 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:aixmeq:96a41

Access Statistics for this paper

More papers in G.R.E.Q.A.M. from Universite Aix-Marseille III G.R.E.Q.A.M., (GROUPE DE RECHERCHE EN ECONOMIE QUANTITATIVE D'AIX MARSEILLE), CENTRE DE VIEILLE CHARITE, 2 RUE DE LA CHARITE, 13002 MARSEILLE.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().