Edgeworth price cycle
id:
edgeworth-price-cycle-283-11154708
title:
Edgeworth price cycle
text:
An Edgeworth price cycle is cyclical pattern in prices characterized by an initial jump, which is then followed by a slower decline back towards the initial level. The term was introduced by Maskin and Tirole (1988) in a theoretical setting featuring two firms bidding sequentially and where the winner captures the full market.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Edgeworth_price_cycle
date created:
date modified:
2023-04-19T06:31:06Z
main entity:
{"identifier":"Q5337941","url":"https://www.wikidata.org/entity/Q5337941"}
image:
fields total:
13
integrity:
13