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Irregular Fluctuations in Competitive Markets with Production Lags

Author

Listed:
  • Day, Richard H.

    (Research Institute of Industrial Economics (IFN))

  • Hansson, Kenneth A.

    (Research Institute of Industrial Economics (IFN))

Abstract

No abstract is available for this item.

Suggested Citation

  • Day, Richard H. & Hansson, Kenneth A., 1985. "Irregular Fluctuations in Competitive Markets with Production Lags," Working Paper Series 145, Research Institute of Industrial Economics.
    • Handle: RePEc:hhs:iuiwop:0145
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    References listed on IDEAS

    as
    1. Lucas, Robert E, Jr, 1975. "An Equilibrium Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1113-1144, December.
    2. Day, Richard H, 1982. "Irregular Growth Cycles," American Economic Review, American Economic Association, vol. 72(3), pages 406-414, June.
    3. Jess Benhabib & Richard H. Day, 1981. "Rational Choice and Erratic Behaviour," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(3), pages 459-471.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Cobweb model; competitive markets; constrained supply;
    All these keywords.

    JEL classification:

    • D20 - Microeconomics - - Production and Organizations - - - General
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition

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