A theory of commerce
Article Abstract:
A theory of commerce is proposed in which prominent features of retail trade such as large employment, congestion effects, anonymous posted prices, and quantity discounts are considered. In the theory buyer's preferences are private information.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2005
Retail Trade, Spain, Analysis, Retail industry, Economics, Economic theory
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2005
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Temporary bubbles
Article Abstract:
Cyclical and temporary bubbles may be due to times when money offers the same return as capital.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2003
France, Other General Government Support, Coinage & Currency, Money, Business cycles, Capital
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2003
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A dual characterization of incentive efficiency
Article Abstract:
The author derives effects of incentive-efficient allocations using linear programming.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2003
Incentives (Business)
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2003
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Subjects list: Research
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