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.
Big or small? A new economic Geography model with an endogenous switch in the market structure / Commendatore, Pasquale. - (2022). ( 23rd European Conference on Iteration Theory (Ecit 2022) University of Vienna, Reichenau an der Rax, Austria 13-17 Giugno 2022).
Big or small? A new economic Geography model with an endogenous switch in the market structure
pasquale commendatore
2022
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.File in questo prodotto:
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