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competitive conditions, even in a lowerbound benchmark case without any regulation. Keywords: Water, Networks, Product …
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The water industry is newly rising future blue ocean market as deprivation of water is becoming a serious problem. However, the competition around the water industry is also getting tougher in presence of global conglomerates, extension of material & part enterprises and the emergence of new...
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This paper investigates how quantity competition operates in economies in which a network describes the set of feasible trades. A general equilibrium model is presented in which prices and .ows of goods are endogenously determined. In such economies equilibrium dictates whether an individual...
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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
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