Article ID: | iaor19942243 |
Country: | Belgium |
Volume: | 35 |
Start Page Number: | 15 |
End Page Number: | 29 |
Publication Date: | Oct 1993 |
Journal: | Cahiers du Centre d'tudes de Recherche Oprationnelle |
Authors: | Deville Herv |
Keywords: | econometrics |
Dynamic analyses of quantity rationing models have been performed in the context of discrete and continuous models considering a single market. Extending these analysis to multimarket models adds a transversal dimension to the existing intertemporal dimension, and solving these models appears to be very complex in the case of discrete regimes. The author shows that for models with a continuous transaction function, rather easy solution techniques can be developed which use usual econometric concepts.