Unformatted text preview: behaviors and reactions of the rivals. Economists do not have adequate information on this subject. The latest work in this respect is that of Paul Sweezy . His model is based on a new tool of analysis that he has introduced. It is in the form of a Kinked Demand Curve . This has become a popular part of oligopoly analysis....
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- Fall '10
- Oligopoly, imperfect competition, Sticky, Paul Sweezy, Kinked demand