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Cooperation and Efficiency in Markets
- Language:
- English
- ISBN:
- 9783642197628
- Binding:
- Paperback
- Pages:
- 92
- Published:
- May 26, 2011
- Edition:
- 2011
- Dimensions:
- 123x236x6 mm.
- Weight:
- 164 g.
Delivery:
1-2 weeks
Expected delivery: November 29, 2024
Description of Cooperation and Efficiency in Markets
If, in addition, all buyers are retailers (i.e., they resell the goods purchased in the analyzed market in a retail market) then the equilibrium vector of the quantities sold in the retail market is sold with the lowest possible selling costs.
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