Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity (Classic Reprint)

Download or read book Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity (Classic Reprint) written by Julio J. Rotemberg and published by Forgotten Books. This book was released on 2018-02-16 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity We show that, under our assumptions, the optimal symmetric collusive agreement can be given the following form (as discussed by Abreu The agreement involves two phases, a carrot. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.