Efficiency and marginal cost pricing in dynamic competitive markets with friction (Q4932241)

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scientific article; zbMATH DE number 5794441
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Efficiency and marginal cost pricing in dynamic competitive markets with friction
scientific article; zbMATH DE number 5794441

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    Efficiency and marginal cost pricing in dynamic competitive markets with friction (English)
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    1 October 2010
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    dynamic general equilibrium model with supply friction
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    choke-up price
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    marginal production cost
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    welfare theorems
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