this paper studies the dynamic behavior of price elasticity and its effects on the overall profit. although price elasticity has a significant effect on sales, its dynamics have not been examined so far in pricing models. in this paper, a simple pricing model is suggested in which, price elasticity is considered dynamic. the suggested pricing model is concerned with a monopolist that its object...

this paper shows the role of the general dynamic model in empirical research of production technology in agriculture. the model is a first order autoregressive multivariate specification, first developed by anderson and blundell. this model is general enough to nest several simpler dynamic as well as static models within it. therefore, it provides a framework for applying classical testing ...