Munich Personal RePEc Archive

Re examination of Kinked Demand Oligopoly Market: Theory, Evidence and Policy Implications from Lakshadweep

Pazhanisamy, R. (2018): Re examination of Kinked Demand Oligopoly Market: Theory, Evidence and Policy Implications from Lakshadweep.

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Abstract

There are number of markets discussed in the economic theory seems only as imaginative and lacks proper investigation on the existence in the real world situation and their validity. The kinked demand curve hypothesis is a famous one among them which is under crux among the economic researcher. In the past few decades the existence of this market in the real world economies and its impact is continue to be a puzzle and a very few attempts were made in this areas with a few oscillating conclusions. With this backdrop this attempt is made to fill this gap in economics literature of re examining the existence and the impact of the kinked demand theory hypothesis with a special reference to Lakshadweep islands of India.

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