Dynamic duopolistic competition with sticky prices

C Fershtman, MI Kamien - Econometrica: Journal of the Econometric Society, 1987 - JSTOR
… We study duopolistic competition in a homogeneous good through time under the
assumption that its current desirability is an exponentially weighted function of accumulated past …

Nonlinear strategies in dynamic duopolistic competition with sticky prices

S Tsutsui, K Mino - Journal of Economic Theory, 1990 - Elsevier
… We consider a simple dynamic game of duopolistic competition with sticky prices. The
structure of the game is identical with that of Fershtman and Kamien [ 31. There are two firms, firm …

Dynamic Duopolistic Competition with Sticky Prices

SL Heston, B Hu - Operations Research, 2024 - pubsonline.informs.org
… Consider the duopolistic competition over an infinite horizon with equally spaced intervals
divided by the time points { n Δ : n = 0 , 1 , 2 , … } , where Δ is the length of each period. At time …

A stochastic differential game of duopolistic competition with sticky prices

L Colombo, P Labrecciosa - Journal of Economic Dynamics and Control, 2021 - Elsevier
… differential game model of duopolistic competition with sticky prices, which extends the model
… affecting the evolution of the price. We show that the expected price converges to a level …

Competition in a duopoly with sticky price and advertising

CAG Piga - International Journal of Industrial Organization, 2000 - Elsevier
… This paper develops a differential duopolistic game where price is sticky and firms can invest
… The dynamic nature of the model derives from the assumption that the price is `sticky'. This …

Dynamic Duopolistic Competition with Sticky Prices and Advertising in Product Differentiation Market: A Feedback Nash Equilibrium

X Wu, B Zhang, S Li, X Wang - 2009 International Conference …, 2009 - ieeexplore.ieee.org
… In this paper, we develop a differential duopolistic game model of optimal sticky prices and
… Nash equilibrium of dynamic price and advertising interactions in a competitive setting. …

On the Dynamic Duopolistic Game with Sticky Prices

SL Heston, B Hu - George Mason University School of Business …, 2022 - papers.ssrn.com
… This paper clarifies a paradox in a seminal model of duopolistic competition with sticky prices
by Fershtman and Kamien (1987). As illuminated by our analysis, the controversial issue is …

[PDF][PDF] A Stackelberg game model of dynamic duopolistic competition with sticky prices

K Fujiwara - Economics Bulletin, 2006 - accessecon.com
… We develop the following Stackelberg game model of dynamic duopoly with sticky prices; the
… compare the resulting outcomes with those in a Stackelberg model without price stickiness. …

Dynamic Duopolistic Competition with Sticky Prices and Advertising in Product Differentiation Market: A Feedback Nash Equilibrium

W Xiao-jie, Z Bi-xi, L Shuang-mei, W Xiu-qiong - 2009 International Conference … - infona.pl
… a differential duopolistic game model of optimal sticky prices … of dynamic price and advertising
interactions in a competitive … First, we have proposed the new assumption of the price

Dynamic oligopoly and price stickiness

O Wang, I Werning - American Economic Review, 2022 - aeaweb.org
dynamic oligopolistic competition between any finite number of firms in each sector of the
economy. Firms compete by setting their prices, … price dynamics within a sector (for a duopoly), …