Re examination of Kinked Demand Oligopoly Market: Theory, Evidence and Policy Implications from Lakshadweep

R. Pazhanisamy

MPRA Paper from University Library of Munich, Germany

Abstract: There are number of markets discussed in the economic theory seems only as imaginative and lacks proper investigation on the existence in the real world situation and their validity. The kinked demand curve hypothesis is a famous one among them which is under crux among the economic researcher. In the past few decades the existence of this market in the real world economies and its impact is continue to be a puzzle and a very few attempts were made in this areas with a few oscillating conclusions. With this backdrop this attempt is made to fill this gap in economics literature of re examining the existence and the impact of the kinked demand theory hypothesis with a special reference to Lakshadweep islands of India.

Keywords: Kinked demand hypothesis: kinked Demand theory Evidence and Consequences; Sticky prices; Coordination failure; real rigidities; micro economic impact (search for similar items in EconPapers)
JEL-codes: A1 A2 A23 D4 D43 D6 D61 E6 E61 F6 F61 H4 H41 H5 H52 R1 (search for similar items in EconPapers)
Date: 2018-12-25, Revised 2018-12-25
New Economics Papers: this item is included in nep-com and nep-mac
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