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Persistent link: https://www.econbiz.de/10003295339
We study a class of symmetric, quasi-homothetic preferences that result in demands logarithmic in own prices when these have a negligible impact on aggregate price indices (as in monopolistic competition models). Thus marginal revenues are computationally friendly, and decreasing whenever...
Persistent link: https://www.econbiz.de/10002420821
We study a class of symmetric, quasi-homothetic preferences that result in demands logarithmic in own prices when these have a negligible impact on aggregate price indices (as in monopolistic competition models). Thus marginal revenues are computationally friendly, and decreasing whenever...
Persistent link: https://www.econbiz.de/10010326127
Persistent link: https://www.econbiz.de/10012796492
Persistent link: https://www.econbiz.de/10012319331
We propose a novel approach to study competition among platforms. In particular, we consider representative consumer's preferences over the services platforms provide and the commodities they intermediate. Platforms are assumed to be large, intermediating a variety of commodities offered by...
Persistent link: https://www.econbiz.de/10013230230