De Donder, Philippe; Cremer, Helmuth; Rodriguez, Frank; … - Institut d'Économie Industrielle (IDEI), Toulouse … - 2014
We build an analytical model à la Hotelling describing the process of e-substitution in the market for transactional mail. A generic firm sells a final good to customers, with each unit sold requiring one unit of communication between firm and customer, which can take the form of either letter...