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q-bio.PE2020★ 1 cited
Infection arbitrage
Sander Heinsalu
Increasing the infection risk early in an epidemic is individually and socially optimal under some parameter values. The reason is that the early patients recover or die before the…
econ.TH2020
Greater search cost reduces prices
Sander Heinsalu
The optimal price of each firm falls in the search cost of consumers, in the limit to the monopoly price, despite the exit of lower-value consumers in response to costlier search.…