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We present a model of the evolution of labor migrant networks. Agents use networks to migrate to certain destinations or go to different locations and start new networks there. As networks expand, the number of search processes increases and the relative search costs decrease, making the option...
Persistent link: https://www.econbiz.de/10012861481
We present a directed variant of Salop’s (1979) model to analyze bus transport dynamics. Players are operators competing in both cooperative and non-cooperative games. Utility, like in most bus concession schemes in emerging countries, is proportional to the total fare collection. Competition...
Persistent link: https://www.econbiz.de/10013234981
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