Publication:
Mixture and distribution of different water qualities: an experiment on vertical structure in a complex market

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URI: http://hdl.handle.net/10016/5411
ISSN: 0210-0266
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Mixture_CE_2004_27_75.pdf (1.93 MB)
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2004
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Consejo Superior de Investigaciones Científicas, Cento de Estudios Economicos y Sociales
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Abstract
We report results from experimental markets in which two different...water are supplied to two types of consumers; households and farmers. In the...studied, we very strategic complexity (and centralization) by varying the...of agents per market. Centralization of information by a multiproduct more (scenario I) improves market preformance with respect to a duopoly...downstream coordinator (scenario 3)succeds in mitigating upstream market...In a complex setup like ours, some centralization on the supply or the de...may enhance market efficiency.
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Keywords
water quality, experimental market, complex system
Bibliographic citation
Cuadernos de economía. 2004, vol. 27, nº 75, p. 95-137
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DE - Artículos de Revistas
Economists Online