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A Theory of Monopolistic Competition with Horizontally Heterogeneous Consumers

By Sergey Kokovin, Alina Ozhegova, Shamil Sharapudinov, Alexander Tarasov, and Philip Ushchev

òòò½Íø Journal: Microeconomics, May 2024

Our novel approach to modeling monopolistic competition with heterogeneous firms and consumers involves spatial product differentiation, in either a geographical space or a space of characteristics. In addition to price, each firm chooses location in spac...

Multigame Contact: A Double-Edged Sword for Cooperation

By Vincent ³¢²¹´Ú±ð°ù°ù¾±Ã¨°ù±ð, Joao Montez, Catherine Roux, and Christian °Õ³óö²Ô¾±

òòò½Íø Journal: Microeconomics, May 2024

We study experimentally the effect of multigame contact on cooperation, with each subject playing a pair of indefinitely repeated prisoner's dilemmas. Multigame contact is present if a subject plays both games with a single partner, and it is absent if ea...