Efficiency and marginal cost pricing in dynamic competitive markets with friction (Q4932241)
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scientific article; zbMATH DE number 5794441
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| English | Efficiency and marginal cost pricing in dynamic competitive markets with friction |
scientific article; zbMATH DE number 5794441 |
Statements
Efficiency and marginal cost pricing in dynamic competitive markets with friction (English)
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1 October 2010
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dynamic general equilibrium model with supply friction
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choke-up price
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marginal production cost
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welfare theorems
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0.7767260074615479
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0.7767155766487122
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0.773796021938324
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0.7576618790626526
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0.752431333065033
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