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). (Intervento presentato al convegno Annual meeting of the Italian Association for Mathematics Applied to Social Economic Sciences (AMASES 2022) tenutosi a Università di Palermo, Dipartimento di Scienze Economiche, Aziendali e Statistiche nel 22-24 Settembre 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.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
