Knife Edge of Plateau: When Do Market Models Tip?
收藏NBER2003-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9528
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资源简介:
This paper studies whether agents must agglomerate at a single location in a class of models of two-sided interaction. In these models there is an increasing returns effect that favors agglomeration, but also a crowding or market-impact effect that makes agents prefer to be in a market with fewer
提供机构:
美国国家经济研究局
创建时间:
2003-03-01



