Dynamic Oligopolistic Pricing with Endogenous Change in Market Structure and Market Potential in an Epidemic Diffusion Model
Thomas Ziesemer ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper uses a model (consisting of a linear estimate of a demand curve, a linear quadratic cost curve and a logistic diffusion curve) and four types of imperfectly competitive behaviour — monopolistic intertemporal profit maximization, a dynamic Bertrand oligopoly, and a duopolistic differential game with endogenous market potential, which leads to a Stackelberg leadership situation or a phase of pure monopoly. The implied impact from the change in market structure on the S-shaped diffusion curve is derived and drawn.
Keywords: Imperfect competition; endogenous market structure; diffusion. (search for similar items in EconPapers)
JEL-codes: C7 C73 D4 D43 (search for similar items in EconPapers)
Date: 1993
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:61831
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