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We study the efficiency of oligopoly equilibria in congested markets. The motivating examples are the allocation of …
Persistent link: https://www.econbiz.de/10012467484
We study the efficiency of oligopoly equilibria in congested markets. The motivating examples are the allocation of …
Persistent link: https://www.econbiz.de/10012731802
Persistent link: https://www.econbiz.de/10002741320
Persistent link: https://www.econbiz.de/10011489038
Using consistent agent-based techniques, this research explores the welfare consequences of product differentiation on congested networks. The economic analysis focuses on the source, evolution, measurement, and impact of product differentiation with heterogeneous users on a mixed ownership...
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