When Supply and Demand Just Won’t Do: Using the Equilibrium Locus to Think about Comparative Statics

Research output: Working paper

Abstract

This paper proposes using the “equilibrium locus” to think about the effect of changes in demand on market outcomes in oligopolistic or monopoly markets where a supply and demand graph is not the appropriate analytical tool.
Original languageEnglish (US)
Number of pages8
StatePublished - Sep 2012

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