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[eng] The inefficiency of a chain of monopolies: an experimental study in a repeated-negotiation . situation by Alexis Garapin, Michel Hollard, Stéphane Robin and Bernard Ruffieux . Theory (bilateral monopoly, dual marginalisation) shows that a chain of monopolies is less efficient than an...
Persistent link: https://www.econbiz.de/10010977804
We explore the effects of social influence in a simple market model in which a large number of agents face a binary choice: to buy/not to buy a single unit of a product at a price posted by a single seller (monopoly market). We consider the case of positive externalities: an agent is more...
Persistent link: https://www.econbiz.de/10005495786
We present a macroeconomic agent-based model that combines several mechanisms operating at the same timescale, while remaining mathematically tractable. It comprises enterprises and workers who compete in a job market and a commodity goods market. The model is stock-flow consistent; a bank lends...
Persistent link: https://www.econbiz.de/10010599996
We study the implications of social interactions and individual learning features on consumer demand in a simple market model. We consider a social system of interacting heterogeneous agents with learning abilities. Given a fixed price, agents repeatedly decide whether or not to buy a unit of a...
Persistent link: https://www.econbiz.de/10010873710
Whenever customers' choices (e.g. to buy or not a given good) depend on others choices (cases coined 'positive externalities' or 'bandwagon effect' in the economic literature), the demand may be multiply valued: for a same posted price, there is either a small number of buyers, or a large one --...
Persistent link: https://www.econbiz.de/10010600098
We consider a model of socially interacting individuals that make a binary choice in a context of positive additive endogenous externalities. It encompasses as particular cases several models from the sociology and economics literature. We extend previous results to the case of a general...
Persistent link: https://www.econbiz.de/10008793538
Persistent link: https://www.econbiz.de/10004969339
Nous testons en laboratoire trois instruments destinés à réguler l’exploitation d’une ressource commune par des agents hétérogènes : un système de taxes et de subventions, des quotas individuels transférables et non transférables. Nous proposons un modèle dans lequel l’objectif...
Persistent link: https://www.econbiz.de/10011141989
L’objectif de ce travail a été d’étudier les principaux déterminants économiques du développement, en France, des filières biologiques en aval de la production agricole. La production biologique a connu une croissance importante au cours des cinq dernières années. De manière...
Persistent link: https://www.econbiz.de/10010780455
Organic farming covers just 3.5% of the utilised agricultural area (UAA) in France (2011 Agence Bio figures). Sales statistics show that a mere 2.3% of the French food market came from organic farming in 2008. The French government’s Environment Forum (“Grenelle de...
Persistent link: https://www.econbiz.de/10010780552