publication . Preprint . 1987

The Numerical Analysis of Monopolistically Competitive Markets: The Case of a New York Fresh Apple Packer

Starbird, Sterling A.; Milligan, Robert A.;
Open Access
  • Published: 01 Jul 1987
The hypothesis is adduced that in some monopolistically competitive markets a firm's demand schedule evolves faster than the firm's marketing policies can adjust. A probabilistic model of this phenomenon is introduced. The numerical analysis of a New York fresh apple packer's inventory control policies illustrates the model's usefulness.
free text keywords: Food Consumption/Nutrition/Food Safety, Marketing,
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