Reasonable Conjectures and the Kinked Demand Curve
Luis Corchon
MPRA Paper from University Library of Munich, Germany
Abstract:
In this paper we study the allocations yielded by kinked demand curves. We will see that there are several difficulties with this concept. Some of them can be eliminated by the consideration of reasonable conjectures
Keywords: Kinked; Deman.; Reasonable; Conjectures.; Solution; Concepts. (search for similar items in EconPapers)
JEL-codes: D43 L13 (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:18538
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