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For information/digital products, the used goods market has been viewed as a threat by producers. However, it is not clear if this view is justified because the used goods market also provides owners with an opportunity to sell their products. To investigate the impact of the used goods market...
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We investigate the general structure of optimal investment and consumption with small proportional transaction costs …
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bias effect on investment and heating decisions, emissions, policies, and deadweight loss. We show that as long as social …
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