Nicholas Decker πŸ³οΈβ€πŸŒˆπŸŒπŸ‡ΊπŸ‡¦ (@captgouda24) 's Twitter Profile
Nicholas Decker πŸ³οΈβ€πŸŒˆπŸŒπŸ‡ΊπŸ‡¦

@captgouda24

GMU econ PhD student, liberal, aspie. I post interesting papers. Michael Kremer stan. I ❀️ optimal auction design. Spend more on drugs. Open borders now!

ID: 1022920763865812992

linkhttps://captgouda24.github.io/nicholas-decker.github.io/ calendar_today27-07-2018 19:04:49

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Nicholas Decker πŸ³οΈβ€πŸŒˆπŸŒπŸ‡ΊπŸ‡¦ (@captgouda24) 's Twitter Profile Photo

Suppose a monopolist produce a perfectly durable good. What price will it be sold for? Ronald Coase shows, in a short little paper which (unusually) cites no sources, it will be sold for the competitive price! The monopolist is in competition with his future self. 1/

Suppose a monopolist produce a perfectly durable good. What price will it be sold for? Ronald Coase shows, in a short little paper which (unusually) cites no sources, it will be sold for the competitive price! The monopolist is in competition with his future self. 1/