We present a new economic geography (NEG) model with a linear demand function where firms may change the perception of their relative dimension with respect to the local market. If they perceive themselves as big, they behave as Cournot oligopolists, otherwise they behave as monopolistic competitors. We study the dynamic properties and give an economic interpretation.
Spatial and dynamic effects of firms changing perception of their market influence / Commendatore, Pasquale. - (2021). (Intervento presentato al convegno 12th Nonlinear Economic Dynamics Conference (NED 2021) tenutosi a Università Cattolica del Sacro Cuore, Milano nel 13-15 Settembre 2021).
Spatial and dynamic effects of firms changing perception of their market influence
pasquale commendatore
2021
Abstract
We present a new economic geography (NEG) model with a linear demand function where firms may change the perception of their relative dimension with respect to the local market. If they perceive themselves as big, they behave as Cournot oligopolists, otherwise they behave as monopolistic competitors. We study the dynamic properties and give an economic interpretation.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
