Mixture and distribution of different water qualities: an experiment on vertical structure in a complex market
AbstractWe report results from experimental markets in which two different...water are supplied to two types of consumers; households and farmers. In the...studied, we very strategic complexity (and centralization) by varying the...of agents per market. Centralization of information by a multiproduct more (scenario I) improves market preformance with respect to a duopoly...downstream coordinator (scenario 3)succeds in mitigating upstream market...In a complex setup like ours, some centralization on the supply or the de...may enhance market efficiency.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/5411.
Length: 139 p.
Date of creation: 2004
Date of revision:
Publication status: Published in Cuadernos de economía (2004) v. 27, p.95-137
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Web page: http://www.uc3m.es
water quality; experimental market; complex system;
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- Nikolaos Georgantzis & Aurora García Gallego, 2001. "Adaptive Behavior By Single-Product And Multiproduct Price Setting Firms In Experimental Markets," Working Papers. Serie AD 2001-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- García-Gallego, Aurora & Georgantzís, Nikolaos & Hernán, Roberto & Kujal, Praveen, 2012. "Managing a duopolistic water market with confirmed proposals : an experiment. Gestión de un duopolio acuífero con propuestas confirmadas : un experimento," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/14981, Universidad Carlos III de Madrid.
- Aurora Garcia-Gallego & Nikolaos Georgantzis & Praveen Kujal, 2006. "How Do Markets Manage Water Resources? An Experiment On Resource Market (De) Centralization With Endogenous Quality," Economics Working Papers we062207, Universidad Carlos III, Departamento de Economía.
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