| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4302 |
| DP4302 Cross-Sectional Heterogeneity and the Persistence of Aggregate Fluctuations | |
| Claudio Michelacci | |
| 发表日期 | 2004-03-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | We analyse a set of simple dynamic models where sellers are capacity constrained over the length of the model. Buyers act strategically in the market, knowing that their purchases may affect future prices. The model is examined when there are single and multiple buyers, with both linear and non-linear pricing. We find that, in general, there are only mixed strategy equilibria and that sellers get a rent above the amount needed to satisfy the market demand that the other seller cannot meet. Buyers would like to commit not to buy in the future. Furthermore, sellers? market shares tend to be maximally asymmetric with high probability, even though they are ex ante identical. |
| 主题 | Industrial Organization |
| 关键词 | Capacity constraints Bilateral oligopoly Linear and non-linear pricing |
| URL | https://cepr.org/publications/dp4302 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533263 |
| 推荐引用方式 GB/T 7714 | Claudio Michelacci. DP4302 Cross-Sectional Heterogeneity and the Persistence of Aggregate Fluctuations. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Claudio Michelacci]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Claudio Michelacci]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Claudio Michelacci]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
