A Note on the Dynamic Study of an OG Model with Competition à la Cournot

Laurence Lasselle and Serge Svizzero

CRIEFF Discussion Papers from Centre for Research into Industry, Enterprise, Finance and the Firm

Abstract: In an OG model with competition à la Cournot, we show the existence of a stable 2-cylcle (in prices and employment levels) in the forward dynamics with learning.

Keywords: Underemployment fluctuations; learning process; stability; price elasticity (search for similar items in EconPapers)
JEL-codes: D43 E24 E32 (search for similar items in EconPapers)
Date: 1998-10
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Working Paper: A Note on the Dynamic Study of an OG Model with Competition à la Cournot (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:san:crieff:9824

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