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Theoretical Economics Paper
A Practical Short-run Approach to Market Equilibrium Anthony Horsley and Andrew J Wrobel
April 2005
Paper No' TE/2005/488:
Read Abstract | Full Paper (pdf)

JEL Classification: D24; D41; D58


Tags: general equilibrium; fixed-input valuation; nondifferentiable joint costs; wong-viner envelope theorem; peak-load pricing