We develop a macroeconomic behavioral model in order to analyze the interactions between product and financial markets. The real subsystem is represented by a simple Keynesian income–expenditure model, while the financial subsystem is represented by an equilibrium stock market with...

In this note, we propose a model where a quantity setting monopolist has incomplete knowledge of the demand function. In each period, the firm sets the quantity produced observing only the selling price and the slope of the demand curve at that quantity. Given this information and through a...

In this note, we propose a model where a quantity setting monopolist has incomplete knowledge of the demand function. In each period, the firm sets the quantity produced observing only the selling price and the slope of the demand curve at that quantity. Given this information and through a...

In this paper we analyze a duopolistic market with heterogeneous firms when the demand function is isoelastic (Puu, T., 1991. Chaos in duopoly pricing. Chaos, Solitons and Fractals 1, 573-581.). We consider the same heterogeneous firms of Zhang et al. (Zhang, J., Da, Q., Wang, Y., 2007. Analysis...