Titlebook: Disequilibrium Economics; Oligopoly, Trade, an Tönu Puu Book 2018 Springer International Publishing AG, part of Springer Nature 2018 Mathem

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Modellierung dynamischer Systemeange can cause substantial value drifts without any speculation being involved. Real estate preserves value more than most other durables, yet for most consumers they are just habitations. They also have the property that their total changes very little over time, so that they can be taken as fixed

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Dirk Möhlenbruch,Christian Meiernarity through trend elimination. A new method, proposed by the author 55 years ago, which we call relative dynamics, replaces the growing income by the income growth factor and the growing capital by the capital to income ratio, and these appear as stationary time series, predominantly periodic The

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Dirk Möhlenbruch,Christian Meiernsumers, one that regards the oligopolists’ produce as equivalent, and another which regards their supply as different but close substitutes. Then both suppliers sell to both groups and apply price discrimination. In this way the competitors can be Cournot duopolists in one market and Bertrand duopo

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https://doi.org/10.1007/978-3-658-18738-5adow prices for the properties. The competitors can thus at each stage calculate the value of their current design, and they may compare it with the optimal design in each market situation, i.e., the design that given the technical production opportunities represents maximum value of the product. If

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Cournot I: Constant Returnsemand functions are always reciprocal to commodity price. Budget shares for the consumers, and hence also aggregate revenues for the producers then became constant. Dana and Montrucchio had proposed a similar case as an example 5 years before, though without fully appreciating the potential of the i

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