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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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