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This paper develops a framework to systematically study how changes in market conditions affect the equilibrium inequality between heterogeneous agents. By stating our setting as a "competition for market shares", we can derive inequality predictions for vastly different competition models. This...
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friends on choice sets and choices. In this paper we develop discrete choice models that incorporate formal social network … measures and market shares if network effects are present, but are not accounted for in the econometric model. Our results shed … light on the importance of the evaluation of peer or network effects on inclusion/exclusion of alternatives in a random …
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Fostering the uptake of heating technologies based on renewable resources is an important part of the EU energy policy. Yet, despite efforts to promote their diffusion, heating systems based on fossil fuels are still predominant. In order to better tailor energy policies to citizens preferences,...
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