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CORR
2010
Springer
229views Education» more  CORR 2010»
13 years 9 months ago
Market Equilibrium with Transaction Costs
Identical products being sold at different prices in different locations is a common phenomenon. To model such scenarios, we supplement the classical Fisher market model by intro...
Sourav Chakraborty, Nikhil R. Devanur, Chinmay Kar...
JGO
2008
73views more  JGO 2008»
13 years 10 months ago
On Nash-Cournot oligopolistic market equilibrium models with concave cost functions
We consider Nash
Le D. Muu, V. H. Nguyen, N. V. Quy

Lecture Notes
1973views
15 years 9 months ago
Advanced Microeconomics
These lecture notes cover several topics such as Optimization, Technology and profit maximization, Profit maximization and cost minimization, The cost function & duality, Consu...
Sten Nyberg
ORL
2007
97views more  ORL 2007»
13 years 10 months ago
Analysis on the forward market equilibrium model
We establish the existence results for the Allaz–Vila [B. Allaz, J.-L. Vila, Cournot competition, forward markets and efficiency, J. Econ. Theory 59 (1993) 1–16] forward mark...
Che-Lin Su
ICIS
2001
14 years 7 days ago
Transaction Costs and Market Efficiency
Previous research suggests that a decline in transactions costs leads to improved economic efficiency. In this paper,weshowthatsuchadeclinewillintroduceincreasinglyuninformedconsu...
Bin Gu, Lorin M. Hitt