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

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.

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Year of publication:	1998-10
Authors:	Lasselle, Laurence ; Svizzero, Serge
Institutions:	Centre for Research into Industry, Enterprise, Finance and the Firm (CRIEFF), University of St. Andrews
Subject:	Underemployment fluctuations \| learning process \| stability \| price elasticity

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Series:	CRIEFF Discussion Papers.
Type of publication:	Book / Working Paper
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; E24 - Employment; Unemployment; Wages ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005807937