Networks and market laws

Antonio Quesada ()

Microeconomics from EconWPA

Abstract: The effects on the market price of a change in the number of buyers, in the number of sellers, in the prices sellers set and in the buyers’ reservation prices are established in a simple network model of a market.

Keywords: Market; Market price; Network; Price changes (search for similar items in EconPapers)
JEL-codes: D40 A22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com
Date: 2004-07-05
Note: Type of Document - pdf; pages: 7
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpmi:0407002

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