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The impact of liberalizing cost-saharing on basic models of network formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2015-09-12)
This paper studies the impact of "liberalizing " the cost-sharing of links on some basic models of network formation. This is done in a setting where both doubly supported and singly supported links are possible, and which ...
Mas-Colell, Whinston and Green Versus Scitovsky on Profit and Utility Maximization
(2005)
I contrast the theoretical foundation of profit maximization of Mas-Colell, Whinston and Green’s “Microeconomics” against that provided by Scitovsky in a paper of 1943. Whereas Mas-Colell, Whinston and Green try to show ...