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Preis-Absatzfunktionen beim unvollkommenen Oligopol

Alfred E. Ott
Weltwirtschaftliches Archiv
Bd. 88 (1962), pp. 287-307
Published by: Springer
Stable URL: http://www.jstor.org/stable/40434951
Page Count: 21
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Preis-Absatzfunktionen beim unvollkommenen Oligopol
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Abstract

The author starts from Stackelberg's study Probleme der unvollkommenen Konkurrenz (Weltwirtschaftliches Archiv, Vol. 48 [1938, II], pp. 95 sqq.), in which Stackeiberg has developed a typology of demand functions in the conditions of an imperfect market. If symmetrical demand functions are assumed for the imperfect duopoly, or oligopoly, in the Hotelling sense, two systems of demand functions as seen by the seller can be developed, the one under the assumption of constant prices, the other under that of constant quantities. The following types of demand functions may be distinguished: monopolistic demand curves (competitive price, or quantity = o); demand curves at constant competitive prices (or quantities); demand curves, own prices (or quantities) being constant, competitive prices (or quantities) varying; demand curves, competitive prices (or quantities) varying parallel with own prices (or quantities); and finally, demand curves, competitive prices (or quantities) varying counter to own prices (or quantities). The range within which all curves are situated is limited by the monopolistic demand curve with constant prices as a minimum, and the monopolistic demand curve with constant quantities as a maximum line. A synthesis of the two systems will show in what way the seller must alter his prices (or quantities) in order to keep either his sales or his price constant. It can further be shown of what demand curves the so-called kinky-oligopoly demand curve and Efroymson's reflex curve are composed.

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