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Dynamic Oligopoly with Sticky Prices -- Off-Steady State Analysis
- Speaker(s)
- Agnieszka Wiszniewska-Matyszkiel i Marek Bodnar
- Affiliation
- Uniwersytet Warszawski
- Date
- April 8, 2015, 2:15 p.m.
- Room
- room 4050
- Seminar
- Seminar of Biomathematics and Game Theory Group
We present a comprehensive analysis of the model of oligopoly with
sticky prices with full analysis of prices' behaviour outside its steady
state level in the infinite horizon case. An exhaustive proof of
optimality is given in both open loop and closed loop cases.
