Regulation through reference prices
We analyze the role of reference prices on competition and welfare in a circular city model where paying prices above a reference negatively affects consumers' utility. Agents interact in a three-stage game. First, a policymaker chooses a reference price; second, firms make their entry decisio...
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| 格式: | Article |
| 語言: | English |
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El Colegio de México, A.C.
2024-02-01
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| 叢編: | Estudios Económicos |
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| 在線閱讀: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/450 |