2 papers
econ.TH2026
Price Heterogeneity as a Source of Heterogeneous Demand
John K. -H. Quah, Gerelt Tserenjigmid
We explore heterogeneous prices as a source of heterogeneous or stochastic demand. Heterogeneous prices could arise either because there is actual price variation among consumers o…
econ.TH2024
Comparative statics with adjustment costs and the Le Chatelier principle
Eddie Dekel, John K. -H. Quah, Ludvig Sinander
We develop a theory of monotone comparative statics for models with adjustment costs. We show that comparative-statics conclusions may be drawn under the usual ordinal complementar…