Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/92450 
Autor:innen: 
Erscheinungsjahr: 
1994
Schriftenreihe/Nr.: 
Diskussionspapier No. 12
Verlag: 
Universität Konstanz, Forschungsschwerpunkt Internationale Arbeitsmarktforschung, Konstanz
Zusammenfassung: 
In the paper, a model of the firm with a delayed adjustment of prices and supply is analyzed. Prices and supply are determined under uncertainty about the location of the demand curve. Three models are distinguished: a price setting with predetermined supply, supply determination with predetermined prices, and a simultaneous price and supply determination. It is shown that many of the results of the deterministic case can be transferred to this stochastic model set-up. The deterministic model is included as a special case of the presented model. However, the model here allows for supply rigidities and labour hoarding and permits the analysis of price adjustment and rationing situations.
Schlagwörter: 
monopolistic price setting
adjustment delays
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
672.18 kB





Publikationen in EconStor sind urheberrechtlich geschützt.