Structure Of Demand And Equilibrium In Oligopolistic Models With Piecewise Quadratic Cost Functions

Abstract

In this paper, we consider an oligopolistic model with conjectures concerning the price variations depending upon the agents’ production increase or increase. By introducing the notion of an interior stable equilibrium, we analyze the behavior of groups of consumers with different consumption abilities. The proposed techniques allow us to make a qualitative description of dependence of the market price upon the active demand component.