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We consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network...
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A simple model of the Arrow-Debreu type is used to analyze the short-run performance of an employee-controlled wage-maximizing economy. It is found that an increase in demand, caused by a shift in consumers' preferences, leads to a fall in a good's equilibrium price, which indicates that...
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divest themselves of 14000 public houses. The MMC claimed that their recommendations would lower retail prices and increase … consumer choice. Since that time, however, retail prices have risen. This paper contains an econometric analysis of the …
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