Equilibrium trade in automobile markets
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Keywordssecondary markets; trade; consumer heterogeneity; transactions costs; dynamic programming; extreme value distribution; dynamic discrete choice; multinomial logit model; stationary equilibrium; Markov chains; invariant distributions;
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
- Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-DCM-2019-06-24 (Discrete Choice Models)
- NEP-DGE-2019-06-24 (Dynamic General Equilibrium)
- NEP-ENE-2019-06-24 (Energy Economics)
- NEP-ORE-2019-06-24 (Operations Research)
- NEP-TRE-2019-06-24 (Transport Economics)
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