IDEAS home Printed from https://ideas.repec.org/p/isu/genstf/198201010800001117.html
   My bibliography  Save this paper

Dynamic Duopoly Theory and Rational Expectations

Author

Listed:
  • Lapan, Harvey E.

Abstract

The determination of equilibrium prices and quantities in an oligopolistic market has been a troublesome problem for economic theory# The intrinsic nature of the problem is the interdependence of firms - the profit level of any firm depends upon not only aggregate demand and its own output level, but also on the output level of other firms. Thus, each firm, in choosing its own output level, needs to make some behavioral assumption —or conjecture - about how other firms will respond to these changes in output.

Suggested Citation

  • Lapan, Harvey E., 1982. "Dynamic Duopoly Theory and Rational Expectations," ISU General Staff Papers 198201010800001117, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:198201010800001117
    as

    Download full text from publisher

    File URL: https://dr.lib.iastate.edu/server/api/core/bitstreams/24764717-5b03-4ef1-b523-2b95914e0b91/content
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isu:genstf:198201010800001117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Curtis Balmer (email available below). General contact details of provider: https://edirc.repec.org/data/deiasus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.