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Networks and market laws

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Author Info
Antonio Quesada (Universitat Rovira i Virgili Spain)

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Abstract

The effects on the market price of a change in the number of buyers, in the number of sellers, in the prices sellers set and in the buyers’ reservation prices are established in a simple network model of a market.

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File URL: http://129.3.20.41/eps/mic/papers/0407/0407002.pdf
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Publisher Info
Paper provided by EconWPA in its series Microeconomics with number 0407002.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 7 pages
Date of creation: 05 Jul 2004
Date of revision:
Handle: RePEc:wpa:wuwpmi:0407002

Note: Type of Document - pdf; pages: 7
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Web page: http://129.3.20.41

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Related research
Keywords: Market; Market price; Network; Price changes;

Find related papers by JEL classification:
D40 - Microeconomics - - Market Structure and Pricing - - - General
A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Rachel E. Kranton & Deborah F. Minehart, 2001. "A Theory of Buyer-Seller Networks," American Economic Review, American Economic Association, vol. 91(3), pages 485-508, June. [Downloadable!] (restricted)
  2. Corominas-Bosch, Margarida, 2004. "Bargaining in a network of buyers and sellers," Journal of Economic Theory, Elsevier, vol. 115(1), pages 35-77, March. [Downloadable!] (restricted)
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This page was last updated on 2009-11-25.

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