Static models of the Edgeworth cycle

We provide a reduced form model that encompasses a range of static explanations for the Edgeworth cycle. The model distills two common features that lie behind a range of intuitive explanations for Edgeworth cycles: discontinuity in demand and a positive residual demand.

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Year of publication:	2012
Authors:	de Roos, Nicolas
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 881-882
Publisher:	Elsevier
Subject:	Edgeworth cycles \| Residual demand \| Gasoline

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Type of publication:	Article
Classification:	L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010594107