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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Baier, Antje | en |
dc.contributor.author | Bolle, Friedel | en |
dc.date.accessioned | 2009-01-30T12:02:56Z | - |
dc.date.available | 2009-01-30T12:02:56Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/23798 | - |
dc.description.abstract | The 2002 prices of suppliers in German call-by-call telephone market are rather dispersed, out-of-phase (uncorrelated), and show systematic down-up movements. In 2004, these prices are less dispersed, more in-phase and show more upwards runs than downs-ups. In both years, we clearly do not observe Edgeworth cycles where prices move in parallel (in-phase). We present a model with demand inertia, caused by incomplete information about prices, where (out-of-phase and in-phase) cycles as well as competitive equilibria and tacit collusion equilibria exist. The transition from the 2002 cycles in the German call-by-call market to more constant prices in 2004 may be due to parameter changes, such as customers possessing improved information. | en |
dc.language.iso | eng | en |
dc.publisher | |aEuropean University Viadrina, Department of Business Administration and Economics |cFrankfurt (Oder) | en |
dc.relation.ispartofseries | |aDiscussion Paper |x225 | en |
dc.subject.jel | D43 | en |
dc.subject.jel | C73 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Price cycles | en |
dc.subject.keyword | incomplete information | en |
dc.subject.keyword | telephone market | en |
dc.subject.stw | Telekommunikationsgebühr | en |
dc.subject.stw | Volatilität | en |
dc.subject.stw | Cobweb | en |
dc.subject.stw | Unvollkommene Information | en |
dc.subject.stw | Konsumentenverhalten | en |
dc.subject.stw | Informationsverhalten | en |
dc.subject.stw | Theorie | en |
dc.subject.stw | Deutschland | en |
dc.title | Cyclical price fluctuations caused by information inertia : evidence from the German call-by-call telephone market | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 49961996X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:euvwdp:225 | en |
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