Dynamic Oligopoly with Sticky Prices -- Off-Steady State Analysis

Prelegent(ci)

Agnieszka Wiszniewska-Matyszkiel i Marek Bodnar

Afiliacja

Uniwersytet Warszawski

Termin

8 kwietnia 2015 14:15

Pokój

p. 4050

Seminarium

Seminarium Zakładu Biomatematyki i Teorii Gier

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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.

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