Browsing Interdisciplinary Centres & Research Groups by Author "Murray, Sean"

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Browsing Interdisciplinary Centres & Research Groups by Author "Murray, Sean"

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  • Murray, Sean (University College Dublin. School of Economics, 1984-03)
    This paper models monopoly markets on which demand is addictive as defined by Stigler and Becker; and hence dynamic. It is shown that the monopolists' equilibrium is unique and stable and the time path taken to reach it ...

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