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Dynamic Oligopolistic Pricing with Endogenous Change in Market Structure and Market Potential in an Epidemic Diffusion Model

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  • Ziesemer, Thomas

Abstract

This paper uses a model (consisting of a linear estimate of a demand curve, a linear quadratic cost curve and a logistic diffusion curve) and four types of imperfectly competitive behaviour — monopolistic intertemporal profit maximization, a dynamic Bertrand oligopoly, and a duopolistic differential game with endogenous market potential, which leads to a Stackelberg leadership situation or a phase of pure monopoly. The implied impact from the change in market structure on the S-shaped diffusion curve is derived and drawn.

Suggested Citation

  • Ziesemer, Thomas, 1993. "Dynamic Oligopolistic Pricing with Endogenous Change in Market Structure and Market Potential in an Epidemic Diffusion Model," MPRA Paper 61831, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:61831
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    File URL: https://mpra.ub.uni-muenchen.de/61831/1/MPRA_paper_61831.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Imperfect competition; endogenous market structure; diffusion.;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection

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